MO - SYS Technologies Limited (07918101): administration
- Status
- Administration ended
- Administration began
- 2014-12-03
- Administrators
- Edwin David Stanley Kirker
- Administrators' firm
- Begbies Traynor
- Formerly
- Systems In Motion Ltd
- Incorporated
- 2012-01-20
- Location
- London
- Industry
- 26702 Manufacture of photographic and cinematographic equipment
From the administrators' statement
The Company was incorporated on 20 January 2012 and began trading in May 2012 to continue the development of a camera motion system designed and developed to that point by the director and shareholder of the Company !t was hoped that incorporating the Company would make it easter to obtain finance to complete the development programme and bring the camera motion system to the market
Unfortunately, raising finance and achieving sales proved more difficult than expected and, although the system has been fully developed to the production stage, orders were less than anticipated and consequently cash flow has fallen short of expectations
The statutory accounts and management accounts show the following results,
Administrators' statement of proposals (2015-01-30) · Companies House register