OM Realisations 2020 Limited (02668799): administration
- Status
- Administration ended
- Administration began
- 2020-09-07
- Administrators' firm
- FRP Advisory
- Formerly
- Onwatchmultifire Limited; Onwatchmultifire PLC; Onwatch PLC; Acclaimed Corporate Events Limited
- Incorporated
- 1991-12-06
- Location
- London
- Industry
- 80200 Security systems service activities
From the administrators' statement
The Company engaged FRP to undertake an accelerated marketing process for the Company’s business and assets on 30 July 2020 following withdrawal of financial support from the NetWatch Group.
Following their engagement, FRP undertook a comprehensive process to identify potential purchasers for the Company's business and implemented a marketing campaign via a confidential information sharing platform, to enable interested parties to undertake due diligence.
The accelerated marketing process concluded on 17 August 2020, at which point two offers for the Company's business and assets were accepted, subject to contract, with the view to completing the transactions via pre-packaged administration sales.
Administrators' statement of proposals (2020-09-21) · Companies House register