AL Realisations 2022 Limited (03789712): administration
- Status
- Administration ended
- Administration began
- 2022-08-18
- Administrators
- Jonathan Charles Marston, Robert Andrew Croxen
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Aurora Limited; Aurora Jewellers Limited
- Incorporated
- 1999-06-15
- Location
- Brighton
- Industry
- 27400 Manufacture of electric lighting equipment
Why it went into administration
- COVID-19
- Supply chain disruption
- Rising costs / inflation
- Competition / price pressure
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 15 June 1999 as Aurora Jewellers Limited before it changed its name to Aurora Limited on 3 September 1999.
The Group manufacture, distribute and sell electrical lighting products internationally via two divisions - Trade and Projects.
The Trade business sells electrical and lighting products via distributors to contractors (electricians and tradesmen) for installation in the domestic market.
Administrators' statement of proposals (2022-08-31) · Companies House register