TFS Realisations Limited (00415893): administration
- Status
- Administration ended
- Administration began
- 2012-02-13
- Administrators
- Julian Pitts, Gerald Maurice Krasner
- Administrators' firm
- Begbies Traynor
- Formerly
- Twickenham Film Studios Limited
- Incorporated
- 1946-07-26
- Location
- Twickenham
- Industry
- 90040 Operation of arts facilities
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
We were asked to look at this case on 23 January 2012 at the request of the auditors, Alliotts, Chartered
Accountants, Kingsway, London Present at the meeting were Roger Sewell, a director, lan Gibbon of
Alliotts and myself From a discussion on the background to this case, | was informed that st had lost money for a number of years, which had been funded by an associated company, who were major creditors The position had been reached whereby they were not prepared to continue funding the Company's losses with further loans The Company only had limited funds in the bank account to continue trading Discussions had been held with regard to a possible sale of the Studio property which was unencumbered, and it was
Administrators' statement of proposals (2012-04-11) · Companies House register