Oxford Edtech Labs Ltd (10884289): administration and why it failed

Oxford Edtech Labs Ltd (10884289): administration

Status: Administration ended
Administration began: 2019-11-27
Administrators: Hugh Francis Jesseman, William Antony Batty
Administrators' firm: Antony Batty
Incorporated: 2017-07-26
Location: London
Industry: 62012 Business and domestic software development

Why it went into administration

Management failings / irregularities
Parent or group failure

From the administrators' statement

The directors attribute the failure of the Company to the following: - 1. Lack of sales as the software platform remained unfinished as a beta version 2. Additional funding required to complete

3. Staffing and Management issues

Asummary of the Company’s recent trading performance is shown below.

Administrators' statement of proposals (2020-01-22) · Companies House register

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