# BL Realisations 2016 Limited (01372935)

> Why UK company 01372935 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01372935

- **Status:** Administration ended
- **Administration began:** 2016-05-27
- **Administrators:** Andrew J Cordon, Richard Albert Brock Saville
- **Administrators' firm:** CFS Restructuring
- **Formerly:** Buckley Lamb Limited
- **Incorporated:** 1978-06-12
- **Location:** Nottingham
- **Industry:** 13990 Manufacture of other textiles n.e.c.

## Why it went into administration

- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Sustained trading losses

## From the administrators' statement

The company was established in 1978 and traded as a manufacturer of specialist working apparel from leasehold premises tn Sutton-in Ashfield, employing 32 full time staff

The Company’s failure stems primarily, the director feels, from the recent reduction in turnover created by the NHS cutting back on spending, which in turn has caused a number of the Company’s customers to reduce demand. This has been compounded by the fact that the months of January and February are, traditionally, the two quietest months of the trading year for the Company

The reasons for the Company’s insolvency

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01372935/filing-history/MzE1MjMyMjcwM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01372935

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