Kanisi Ltd (08312471): administration
- Status
- Administration ended
- Administration began
- 2023-12-19
- Incorporated
- 2012-11-29
- Location
- Oldham
- Industry
- 62011 Ready-made interactive leisure and entertainment software development
Why it went into administration
- COVID-19
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 29 November 2012 by the founding Director Mr Diarmuid Moloney. Over time additional Directors were brought on board to enhance the Company’s knowledge and performance. The Directors of the Company had extensive knowledge in the development of software and in particular, video creation. The purpose of the Company was to develop creative software for the production of music videos.
At the peak of the Company’s trading the customer base included:
(i) Spotify (ii) Apple Music (iii} Sound Cloud (iv) Warner Music Group (v) Universal Music Group
Administrators' statement of proposals (2024-01-11) · Companies House register