Scanimal Trackers Limited (08630018): administration
- Status
- Administration ended
- Administration began
- 2017-06-30
- Administrators
- Lisa Jane Hogg, Robert Neil Dymond
- Administrators' firm
- Wilson Field
- Incorporated
- 2013-07-30
- Location
- Sheffield
- Industry
- 62012 Business and domestic software development
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 30 July 2013, and was set up to develop software applications to allow access to livestock databases. It was envisaged that the software would be used by the livestock industry, vets, the transportation industry and border security. The software would allow data to be accessed in either real time or offline in remote locations promoting welfare, and aiding with legal compliance.
The Company’s initial source of income was a contract to develop access software for its customer Equine. It was envisaged that the Company would use the success of the launch of its customer's products and services to prove the concept and market its applications to other national and international data controllers.
The Company obtained significant funding from investors in the form of loans from directors (£74,000), loans from shareholders and investors (£263,000), the sale of shares (£455,000)
Administrators' statement of proposals (2017-07-31) · Companies House register