Sunshine Realisations Limited (03367115): administration
- Status
- Administration ended
- Administration began
- 2011-04-27
- Administrators
- Mark Granville Firmin, Brian Green
- Administrators' firm
- KPMG
- Formerly
- Amdega Limited; Crossco (263) Limited
- Incorporated
- 1997-05-08
- Location
- Newcastle upon Tyne
- Industry
- 2030
Why it went into administration
- Sustained trading losses
From the administrators' statement
The business was founded in 1874 with trade transferring to the current fimited company in 1997 as part ofa group reorganisation
The Company sustained losses of circa £1 mullton per annum tn three of the five financial years from 2005 to 2009 The financial year to 30 September 2010 was also challenging, with the management accounts showing losses of more than £2 million for the 10 months to July 2010, on a turnover that had reduced from a peak of more than £29 million in 2006 and 2007 to £13 million in 2010
In August 2010, the Company's entire share capital was acquired by Aghoco 1029 Limited, a holding company of which Endless LLP (‘Endless’) was the principle shareholder
Administrators' statement of proposals (2011-06-27) · Companies House register