Modal Electronics Limited (08616217): administration
- Status
- Administration ended
- Administration began
- 2023-09-08
- Administrators
- Edwin David Stanley Kirker
- Administrators' firm
- Begbies Traynor
- Formerly
- Modulus Ltd
- Incorporated
- 2013-07-19
- Location
- London
- Industry
- 32200 Manufacture of musical instruments
Why it went into administration
- COVID-19
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 19 July 2013 to design, manufacture and sell music synthesisers. The founding directors had recognised that existing synthesisers had not moved on in terms of the technology then available. They believed contemporary synthesisers had a vintage feel to them and were lacking innovation, bound as they were to instruments from decades before. The founders recognised that synthesisers would benefit from updating in terms of sounds, aesthetics and concepts and so the business was founded in 2013 in Bristol.
Today, Modal is one of the major designers and manufacturers in “state of the art” synthesisers with notable users including Apple Computer, Hans Zimmer, Calvin Harris, Depeche Mode, Arcade fire, Michael Steiner (Stranger Things) and many more.
Latterly, product design has been based with a team in the UK, while manufacture is subcontracted to a company in Hong Kong. Sales are administered through an established worldwide network of distributors.
Administrators' statement of proposals (2024-02-09) · Companies House register