# TCG Realisations 2025 Limited (02974568)

> Why UK company 02974568 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02974568

- **Status:** In administration
- **Administration began:** 2025-11-27
- **Administrators:** Gareth Harris, Christopher Ratten
- **Administrators' firm:** RSM
- **Formerly:** Trans - Continental Group Limited; Trans-Continental Trading Company (Europe) Limited; Parest Limited
- **Incorporated:** 1994-10-06
- **Location:** Manchester
- **Industry:** 46900 Non-specialised wholesale trade

## Why it went into administration

- HMRC / tax arrears
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Cyber attack / IT failure
- Property / lease costs
- Sustained trading losses
- Rising interest rates
- Weather / natural events

## From the administrators' statement

The Company’s Ultimate Beneficial Owners are Michael Stephen Withers (‘MSW’) and Rosemary Therese Withers (‘RTW’), who own 80% and 20% of the shareholding of the Company respectively.

MSW is managing director of the Company, alongside Gregory James Lyttleton (‘GJL’), Lee Brian Kennerley (‘LBK’), Lucy Bool (‘LB’) and Sara Louise Murray (‘SLM’). RTW is the Company secretary.

History

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02974568/filing-history/MzQ5MzE1NzI1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02974568

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