V Realisations 2012 Limited (03836609): administration
- Status
- Administration ended
- Administration began
- 2012-08-14
- Administrators' firm
- BWC Business Solutions
- Formerly
- Varla (UK) Limited; Fleetness 274 Limited
- Incorporated
- 1999-09-06
- Location
- Stockton-on-Tees
- Industry
- 4522
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Weather / natural events
From the administrators' statement
Alexander James Iles is the sole director of the Company (‘the Director”) The following information has been provided by the Director
The company has traded since tts incorporation on 6 September 1999 and for several years enjoyed good levels of trade
However, in 2009 and 2010 a combination of the extreme weather conditions dunng the winter months together with the overall decline in the work available in the construction industry resulted in significant and unexpected fosses being incurred by the company
Administrators' statement of proposals (2012-10-10) · Companies House register