Orphidia Limited (08711990): administration
- Status
- Administration ended
- Administration began
- 2019-08-30
- Administrators
- Daniel Mark Richardson, Jonathan Elman Avery Gee
- Administrators' firm
- CG&Co
- Incorporated
- 2013-10-01
- Location
- Manchester
- Industry
- 32500 Manufacture of medical and dental instruments and supplies
Why it went into administration
- Funding withdrawn / unable to refinance
- Regulatory change or action
From the administrators' statement
Orphidia Ltd was incorporated on 1 October 2013 with Dr Aron Rachamim and Dr Luis GarciaGancedo being appointed Directors of the Company. On 28 December 2013 Dr Luis Garcia-Gancedo resigned as director.
The Company cornmenced trading from 64 Rochester Place, London NW1 9JX in order to undertake research and development in relation to the production of a desktop device for carrying out blood tests. The benefits of this device are a small machine which takes a far smalter sample of blood than conventional equipment which can be used by people with limited skills/training and produce the results quickly.
The Company was able to attract investors through their shareholder, Orphidia Inc, who are based in San Fransisco USA which funded the research and development. However, the Director, Dr Rachamim did not draw any salary from the Company. The research and development was a team effort led by the director and a number of key personnel with a total staff of 8 people. We would confirm that neither the business nor the business assets have been acquired from an insolvency process in the last 24 months or at any time prior to this.
Administrators' statement of proposals (2019-09-13) · Companies House register