RB Realisations 2017 Limited (03879754): administration
- Status
- Administration ended
- Administration began
- 2017-06-23
- Administrators' firm
- Leonard Curtis
- Formerly
- Richburns Ltd
- Incorporated
- 1999-11-18
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 18 November 1999 and tts principal activity was the provision of debt recovery and metering services for the UK utilities sector
The Company had three main customers, who are leading gas and electricity suppliers, for debt collection services including pre-disconnection visits and warrant executions.
The Company employed 46 full time staff. The Company also engaged approximately 93 subcontracted field agents to assist with the debt recovery and metering services.
Administrators' statement of proposals (2017-07-14) · Companies House register