JN Realisations Limited (00514294): administration
- Status
- Administration ended
- Administration began
- 2011-06-27
- Administrators' firm
- PwC
- Formerly
- Jane Norman Limited
- Incorporated
- 1952-12-17
- Location
- Manchester
- Industry
- 5242
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
- Parent or group failure
- Weather / natural events
From the administrators' statement
Realisations was incorporated in December 1952 and 1s a retailer of ladieswear and accessories, targeting young women in the 16 to 24 age range The Companies are part of a larger group which consists of five companies (the Group) and the Group structure is set out at Appendix B.
Holdings was incorporated in October 2002 and in January 2003 acquired the entire issued share capital of Realisations
Realisations' turnover increased significantly between 2005 and 2008 from approximately £71 million to £150 million, and Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) increased from £14 3 million te £29 5 million over the same period
Administrators' statement of proposals (2011-08-08) · Companies House register