Smart Antenna Technologies Limited (08482911): administration and why it failed

Smart Antenna Technologies Limited (08482911): administration

Status: Administration ended
Administration began: 2019-01-28
Administrators: Diana Frangou, Guy Edward Brooke Mander
Administrators' firm: RSM
Incorporated: 2013-04-10
Location: Birmingham
Industry: 61200 Wireless telecommunications activities

Why it went into administration

Funding withdrawn / unable to refinance
Cash flow / liquidity pressure

From the administrators' statement

Brief background

The Company was incorporated in April 2013 and has designed, developed and patented smart antenna technology for use in applications such as home entertainment, smartphones/tablets, internet

of Things and connected cars.

Administrators' statement of proposals (2019-04-05) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts