Eider VF Limited (12373091): administration
- Status
- Administration ended
- Administration began
- 2023-05-15
- Administrators
- Alastair Massey, Philip Lewis Armstrong
- Administrators' firm
- FRP Advisory
- Incorporated
- 2019-12-20
- Location
- London
- Industry
- 01500 Mixed farming
Why it went into administration
- Funding withdrawn / unable to refinance
- COVID-19
From the administrators' statement
The Company was incorporated on 20 December 2019 to purchase the business and assets of an unconnected company, Astwood Infrastructure Limited, which had been placed in liquidation. The business was the development of vertical farming facilities. The intention of the Company was to design, grow and supply crops via agricultural technology, ultimately using smart technology that collected and analysed data to create bespoke growing recipes which would reflect consumers’ tastes and preference. The distinctiveness of the crops included longer shelf life and higher nutritional value.
EVF’s shares were held as follows:
EI LLP: 75%
Administrators' statement of proposals (2023-07-17) · Companies House register