# Educational Systems Limited (07953392)

> Why UK company 07953392 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07953392

- **Status:** Administration ended
- **Administration began:** 2022-12-19
- **Administrators:** Phillip Rodney Sykes, Glen Carter
- **Administrators' firm:** RSM
- **Incorporated:** 2012-02-17
- **Location:** Eastleigh
- **Industry:** 62012 Business and domestic software development

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses
- Cyber attack / IT failure
- Competition / price pressure

## From the administrators' statement

Relevant extracts from the company’s draft financial statements and management accounts are summarised below. Period ended 11 months to FYE FYE 31 Nov 2022 31 Dec 2021 | 31 Dec 2020

£7000 £’000 £7000

Draft management Statutory Statutory

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07953392/filing-history/MzM2ODgyNTEyM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07953392

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.