# Fortuna FIX Limited (09771992)

> Why UK company 09771992 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09771992

- **Status:** Administration ended
- **Administration began:** 2020-01-22
- **Administrators:** David Philip Soden, Ian Colin Wormleighton
- **Administrators' firm:** Deloitte
- **Formerly:** Ophiuchus Limited
- **Incorporated:** 2015-09-10
- **Location:** Birmingham
- **Industry:** 74990 Non-trading company

## From the administrators' statement

The Company (and its subsidiaries) are pre revenue (i.e. still at the research and develop phase with no commercial products), and thus reliant solely on funds raised from shareholders (the “Capital Providing Shareholders”) to pursue ongoing research and fund overhead costs.

In or around Q1 2019 certain of the shareholder group expressed concerns over the day to day operations and management of the Group (“the Dispute”).

In November 2019, Salamander Invest AS (cne of the Capita! Providing Shareholders) filed a derivative action on behalf of the Company against a number of parties alleged to have been involved in the day to day operations of the Group (the “Derivative Action”). This created significant uncertainty for the Board and the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09771992/filing-history/MzI2MTAzMjUxOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09771992

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.