Bioself Technology Ltd (09818825): administration
- Status
- Administration ended
- Administration began
- 2025-02-24
- Administrators
- Andrew James Pear, Michael Stephen Elliot Solomons
- Administrators' firm
- Moorfields
- Incorporated
- 2015-10-12
- Location
- Brighton
- Industry
- 26600 Manufacture of irradiation, electromedical and electrotherapeutic equipment
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
2.1 The Company was incorporated as Bioself Technology Ltd on 12 October 2015 and commenced trading as a manufacturer of irradiation, electromedical and electrotherapeutic equipment. Upon incorporation, the founder and director was Stefan Chmelik. The Company’s first product was launched in 2019.
2.2 The Company completed a “Delaware flip” in 2021, whereby a US holding company, Sensate Inc, the immediate parent of the Company, was inserted over the UK company to attract US investors since fund raising in the UK at the time was challenging. The US parent company secured funding from multiple venture capital firms.
2.3. The Company’s group structure is shown below, with the ultimate parent company being Sensate Inc.
Administrators' statement of proposals (2025-04-08) · Companies House register