# IBL Realisations Limited (03873102)

> Why UK company 03873102 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03873102

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03873102/filing-history/MzUwODY2NjY4NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03873102

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