# OR Realisations Limited (04087023)

> Why UK company 04087023 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04087023

- **Status:** Administration ended
- **Administration began:** 2018-02-05
- **Administrators:** James Ronald Lumb, Howard Smith
- **Administrators' firm:** KPMG
- **Formerly:** Ormandy Limited
- **Incorporated:** 2000-10-05
- **Location:** Leeds
- **Industry:** 28990 Manufacture of other special-purpose machinery n.e.c.

## Why it went into administration

- Loss of a key customer, supplier or contract
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 5 October 2000 as a provider of offsite and heat exchange solutions for the construction, engineering and offshore sectors.

The Company operated from three teasehold locations in West Yorkshire, as well as a sales office in Dubai. It employed 129 members of staff at the date of our appointment, four of whom were based abroad.

2.2. Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04087023/filing-history/MzIwMjIxNjQ5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04087023

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