Sadie goes belly up
Posted: Thu Feb 28, 2008 5:18 pmEnsors Press Release
Administrators were appointed to SADiE, Studio Audio & Video Limited, on 15 February. The company, based in Stretham, near Cambridge in the UK, is a developer and manufacturer of PC-based digital audio workstation products and had been established in 1991.
Steven Law from accountancy firm Ensors was appointed Administrator to try to seek a rescue of the business. He said “Although we had to lay off the workforce upon my appointment, with the help of some former staff we are carrying on the business on a limited basis in order to fulfill customer orders. In the meantime, I am interested in talking to potential purchasers with a view to them acquiring the whole or parts of the business and I would urge any interested party to contact me urgently.â€
Administrators were appointed to SADiE, Studio Audio & Video Limited, on 15 February. The company, based in Stretham, near Cambridge in the UK, is a developer and manufacturer of PC-based digital audio workstation products and had been established in 1991.
Steven Law from accountancy firm Ensors was appointed Administrator to try to seek a rescue of the business. He said “Although we had to lay off the workforce upon my appointment, with the help of some former staff we are carrying on the business on a limited basis in order to fulfill customer orders. In the meantime, I am interested in talking to potential purchasers with a view to them acquiring the whole or parts of the business and I would urge any interested party to contact me urgently.â€