Omnidynamics Ltd (08403948): administration
- Status
- Administration ended
- Administration began
- 2020-05-06
- Administrators
- Andrew Howard Beckingham, Siann Huntley
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2013-02-14
- Location
- Cardiff
- Industry
- 28230 Manufacture of office machinery and equipment (except computers and peripheral equipment)
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Company was incorporated by David Graves and Przemyslaw Gruszecki on 14 February 2013. Messrs Graves and Cruszecki were at the time students at the University of the West of England ("UWE") and had incorpoated the Company with a view to undertaking technology relarted research and product design with the input of other sudents at the UWE campus. The Company was initially supported by way of a grant from UWE.
The Company began to scale up after approximately 6 months with the invention of its first product, the “Strooder’, a plastic filament maker, which turns raw and recycled plastic into plastic filament for 3D printers. The aim of the Strooder was to accelerate the adoption of 3D printing in the home by reducing the cost of fi lament in a simple and environmentally friendly way.
In January 2014 the Company committed to the strategy of upscaling the manufacturing of the Strooders and -
Administrators' statement of proposals (2020-06-23) · Companies House register