# MGL Realisations Limited (00655253)

> Why UK company 00655253 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00655253

- **Status:** Administration ended
- **Administration began:** 2012-09-07
- **Administrators:** Julie Anne Palmer, Sally Richards
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Mostyn Group Limited; Mostyn (Poole) Limited
- **Incorporated:** 1960-04-04
- **Location:** Salisbury
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 4 April 1960 and traded with its subsidiary, Most Realisations Limited (formerly Mostyns Limited) (“ML”), from its head office in Chnstchurch The Company held the freehold properties and ML was the trading entity

The business manufactures curtains from leasehold premises in Christchurch It retatls curtains, cushions and other homeware products from 37 outlets, these are a mixture of freehold, leasehold and concessions

The Company owns 100% of the shares in ML

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00655253/filing-history/MzA2NjA5OTI1OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00655253

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.