AUK Realisations 2024 Limited (01126979): administration
- Status
- In administration
- Administration began
- 2024-07-15
- Administrators
- William James Wright, James Richard Clark
- Administrators' firm
- Interpath Advisory
- Formerly
- Amscan International Limited; Amscan Limited
- Incorporated
- 1973-08-07
- Location
- Leeds
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Parent or group failure
From the administrators' statement
The Company (AUK) was incorporated on 7 August 1973 and operated as a wholesaler and distributor of party products, costumes and balloons, supplying customers inside and outside of the Group, both in the UK and several international jurisdictions.
The Company operated from a leasehold, 110,000 square foot warehouse and office located in Milton Keynes.
At the date of our appointment, the Company had two current directors, Laura Evison and James Woolley (the ‘Directors’), and it employed 130 members of staff.
Administrators' statement of proposals (2024-08-06) · Companies House register