Mo-Sys Engineering enters administration with pre-pack saving 57 jobs

Mo-Sys Engineering Limited, a London-based developer of virtual production, camera tracking and robotics technology, entered administration on 15 July 2026 and was immediately sold in a pre-pack transaction that preserved its entire workforce and resulted in the qualifying floating charge holder being paid in full.

Bai Cham of BTG Begbies Traynor and Edwin Kirker of Kirker & Co were appointed joint administrators on 15 July. The business and assets were sold to newly incorporated Mo-Sys Solutions Limited, allowing the company’s operations to continue without interruption and safeguarding all 57 jobs. The acquisition was personally financed by chief executive Michael Geissler alongside co-investors.

Mo-Sys operates as a specialist provider of virtual production, camera tracking, broadcast robotics and image robotics technologies used across the film, high-end television, broadcast, live events and corporate production markets. Its products combine hardware and software used to track cameras and integrate physical filming environments with virtual production systems.

The company had invested heavily over the preceding two years in research and development, including enhancements to its software platform, new functionality and a more advanced user interface intended to broaden its customer base and respond to changing market requirements. BTG said the company had undertaken an ambitious two-year R&D programme before a change in strategic direction by one of its funding partners contributed to significant cash flow pressure.

Those pressures intensified as revenues came in below management forecasts while significant expenditure continued to be incurred on product development and ongoing operations. As cash resources tightened, Mo-Sys encountered increasing difficulty meeting liabilities as they fell due and creditor pressure mounted.

The company sought restructuring and insolvency advice from BTG and Kirker & Co after HM Revenue & Customs served a winding-up petition. A pre-packaged administration sale was subsequently pursued as the option considered capable of preserving the operating business and employment while maximising recoveries for creditors.

The transaction resulted in the qualifying floating charge holder being repaid in full while preserving the employment contracts of the company’s entire workforce. Mo-Sys Solutions will continue trading under the Mo-Sys name, with the recapitalised business retaining its existing operations and technology platform. BTG said the new ownership structure provides the company with a stronger financial base from which to commercialise the products developed during its recent R&D programme.