# OSS Realisations 1 Limited (03888553)

> Why UK company 03888553 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03888553

- **Status:** In administration
- **Administration began:** 2026-03-03
- **Administrators:** James Richard Clark, Richard John Harrison
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Offshore Stainless Supplies Limited
- **Incorporated:** 1999-12-03
- **Location:** Manchester
- **Industry:** 24310 Cold drawing of bars

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Credit insurance / supplier credit withdrawn
- Funding withdrawn / unable to refinance

## From the administrators' statement

The Company was incorporated on 3 December 1999 and operated as a manufacturer and stockholder of plate and cold drawn stainless-steel bar and nickel alloy bar, with customers based in the UK and worldwide. The Company supplied a range of markets including offshore, nuclear, gas, marine and transportation.

The Company employed 29 members of staff on appointment, and operated from two leasehold sites in the West Midlands:

• Office premises and stock warehouse: Paget 12, Zone 3, Burntwood Business Park, Burntwood, Staffordshire (‘Burntwood’); and

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03888553/filing-history/MzUxMzk0MTY0MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03888553

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