MRS Wordsmith Limited (09483252): administration
- Status
- Administration ended
- Administration began
- 2021-03-05
- Administrators' firm
- Cork Gully
- Incorporated
- 2015-03-11
- Location
- London
- Industry
- 58190 Other publishing activities
Why it went into administration
- Weak consumer demand
- Funding withdrawn / unable to refinance
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals have been prepared based on information provided by the directors of the Company and not from the personal knowledge of the Joint Administrators. It should be noted that much of the disclosure in this report has previously been outlined in our SIP 16 report.
Incorporated on 11 March 2015, the Company specialised in creating and developing children’s educational material aimed at improving reading and writing. It used platforms such as mobile apps, printed products and digital content aimed at children aged 4 to 11. All educational content was internally developed using Hollywood-quality animation and state-of-the-art game design, with a view to making the learning experience entertaining and engaging.
The Company had 32 employees and six statutory directors (two of who were employees), and operated from premises at Unit 201 The Shepherds Building, Charecroft Way,
Administrators' statement of proposals (2021-04-14) · Companies House register