Ciqual Limited (SC330525): administration
- Status
- Administration ended
- Administration began
- 2019-04-12
- Administrators
- Alexander Iain Fraser, Thomas Campbell Maclennan
- Administrators' firm
- FRP Advisory
- Incorporated
- 2007-09-06
- Location
- Edinburgh
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- Regulatory change or action
From the administrators' statement
• Ciqual is a software company that has developed a device based mobile data analytic that can be used by telecoms companies and regulators to monitor and analyse performance.
* — Significant investment in the development of the product c£7.5m.
• Had 2 main contracts which had enabled them to trade at break even wi exploring further contract opportunities.
Administrators' statement of proposals (2019-04-29) · Companies House register