Adbrain Ltd (08297181): administration
- Status
- Administration ended
- Administration began
- 2017-10-24
- Administrators
- Paul David Williams, Mark Skelton
- Administrators' firm
- Kroll
- Incorporated
- 2012-11-19
- Location
- London
- Industry
- 73110 Advertising agencies
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1
The Company was incorporated in 2012 and is a market leader in customer identity mapping, offering intelligent cross-device targeting solutions for marketers The Company maps IDs, devices, people and places to create single customer views and allows marketers and technologists to deliver a more personalised marketing experience. The Company holds seven trademarks and five patents pending in relation to tts suite of software and products
The Company operated from a serviced office in London where eight staff were based The Company traded in conjunction with Inc, its US subsidiary, which employed 13 staff across four US cities, predominantly Seattle where eight of those staff were based, being principally the software engineering team
Administrators' statement of proposals (2017-12-07) · Companies House register