Cognetivity Ltd (08482058): administration
- Status
- In administration
- Administration began
- 2025-02-26
- Administrators
- Paul Atkinson, Julie Humphrey
- Administrators' firm
- FRP Advisory
- Formerly
- Diamentech Limited
- Incorporated
- 2013-04-10
- Location
- Brentwood
- Industry
- 72110 Research and experimental development on biotechnology
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Regulatory change or action
- Creditor pressure / legal action
From the administrators' statement
Cognetivity Ltd (hereinafter referred to as “CL” or “the Company”) was incorporated on 10 April 2013 by the current directors, Sina Habibi and Dr Seyed-Mahdi KhalighRazavi. Dr Thomas Sawyer was subsequently appointed on 30 April 2016. For all other statutory information please refer to Appendix A of this report.
The Company was founded as a spin out from Cambridge University in 2013 in order to develop and commercialise novel technology that was developed as part of a computational neuroscience research program at the University. Specifically, a new technique for measuring brain function created by the technology’s inventor Dr SeyedMadhi Khaligh-Razavi.
CL is developing a cognitive testing platform for use in medical, commercial and consumer environments. It uses Artificial Intelligence and machine learning techniques to help detect the early signs of cognitive impairment by testing the performance of large areas of the brain to support diagnosis of dementia and Alzheimer’s disease. It has achieved regulatory approval for clinical use in the UK and Europe with future clinical approval anticipated in North America and elsewhere in the world.
Administrators' statement of proposals (2025-04-09) · Companies House register