# Ocean 2 Realisations Limited (03143112)

> Why UK company 03143112 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03143112

- **Status:** In administration
- **Administration began:** 2026-01-13
- **Administrators:** Julie Anne Palmer, Simon John Lowes
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Corrotherm International Ltd
- **Incorporated:** 1996-01-03
- **Location:** Southampton
- **Industry:** 46720 Wholesale of metals and metal ores

## Why it went into administration

- Creditor pressure / legal action
- Bad debts / customer insolvency
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 3 January 1996 and traded as a leading stockholder and seller of nickel alloy seamless pipes, fittings and flanges. The Company’s products were used across a wide range of sectors and applications such as oil and gas exploration, marine applications, and chemical processing. The Company was headquartered in Hampshire and delivered products worldwide via its warehouses in the UK

and the Netherlands.

The Company traded from a leasehold premises at 31 Stephenson Road, Southampton, SO40 3SA. The Company continued to trade from this premises during the accelerated merger and acquisition process. All of the 14 staff members were made redundant prior to our appointment.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03143112/filing-history/MzUwMDUwNzc1OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03143112

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