The board of Built Cybernetics, a smart buildings group, has disposed of its subsidiary Anders + Kern U.K. Limited to the latter’s managing director Barrie Meehan for a nominal sum.

A+K has been significantly loss-making.

In the year ended 30th September 2024, A+K recorded a total comprehensive loss of £342,000 and concluded that year with a net liability position of £45,000. The business made further losses in the year following.