IBL Realisations Limited (03873102): administration and why it failed

IBL Realisations Limited (03873102): administration

Status: In administration
Administration began: 2026-02-20
Administrators: Gareth Harris, Glen Carter
Administrators' firm: RSM
Formerly: Immedia Broadcast Limited; Storm Digital Broadcasting Limited; Storm Radio Limited; Tornado Radio Limited
Incorporated: 1999-11-08
Location: Eastleigh
Industry: 59112 Video production activities

Why it went into administration

Cash flow / liquidity pressure
Weak consumer demand
HMRC / tax arrears
Sustained trading losses

From the administrators' statement

Relevant extracts from the Company’s unaudited financial statements and management accounts are summarised below.

£'000

Unaudited Unaudited Unaudited Management

Administrators' statement of proposals (2026-03-11) · Companies House register

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IBL Realisations Limited (03873102): administration

Why it went into administration

From the administrators' statement

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IBL Realisations Limited (03873102)