Degsl Realisations Limited (03128616): administration
- Status
- Administration ended
- Administration began
- 2015-10-06
- Administrators
- Graham David Randall, Mark Peter George Roach
- Administrators' firm
- Quantuma
- Formerly
- DEG Signal Limited
- Incorporated
- 1995-11-21
- Location
- Bristol
- Industry
- 74909 Other professional, scientific and technical activities n.e.c.
From the administrators' statement
Attached at Appendix Il is a copy of my disclosure report, issued to creditors on 8 October 2015 in accordance with Statement of Insoivency Practice 16 (‘SIP16 report’), which provides information about events leading up to my appointment, the financial pressures the Company was facing, the primary reason(s) for the Company's insolvency and failure, and also why tt was appropriate for the Company to be placed into Administration rather than Liquidation
Prior to the commencement of the Administration, Quantuma LLP acted as advisors to the Board as a whole acting on behalf of the Company No advice was given to the individual directors regarding the impact of the insolvency of the Company on their personal financial affairs Whilst not formally in office at that time, Quantuma LLP was sitll required to act in its dealings with the Company in accordance with the Insolvency Code of Ethics
[| can confirm that prior to being instructed to advise the Board on 16 September 2015, Quantuma LLP had no involvement with the Company, its Directors or Shareholders
Administrators' statement of proposals (2015-11-11) · Companies House register