CPLC Realisations PLC (02699209): administration and why it failed

CPLC Realisations PLC (02699209): administration

Status: Administration ended
Administration began: 2014-07-10
Administrators' firm: Baker Tilly Corporate Finance
Formerly: Codestorm PLC
Incorporated: 1992-03-20
Location: Eastleigh
Industry: 82990 Other business support service activities n.e.c.

Why it went into administration

Cash flow / liquidity pressure

From the administrators' statement

Relevant extracts from the company’s audited financial statements and management

accounts are summarised below

Mgmt Accounts

Administrators' statement of proposals (2014-08-15) · Companies House register

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Balance sheet: assets, liabilities, working capital and net assets
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CPLC Realisations PLC (02699209): administration

Why it went into administration

From the administrators' statement

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CPLC Realisations PLC (02699209)