Materials I.P. Ltd (09167272): administration
- Status
- Administration ended
- Administration began
- 2022-06-09
- Administrators
- Marco Piacquadio, Miles Needham
- Administrators' firm
- FRP Advisory
- Formerly
- Brakes IP Limited
- Incorporated
- 2014-08-08
- Location
- Milton Keynes
- Industry
- 72190 Other research and experimental development on natural sciences and engineering
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated in August 2014 by Hugh Matheson (“the Director”) and his business partner, Martin Murphy, in order to conduct research and development of brake discs specifically for the motor sector.
The Company’s registered office was located at 33 Museum Street, London WC1A 1LH. The Company changed its name in August 2019 from Brakes IP Ltd, to its current given name.
The Company has two equal shareholders, one of which is 33M Ltd (a business wholly owned by the Director) and the other being Martin Murphy.
Administrators' statement of proposals (2022-08-17) · Companies House register