DM Realisations Limited (04106678): administration
- Status
- Administration ended
- Administration began
- 2011-07-06
- Administrators' firm
- BDO
- Formerly
- Debtmatters Limited; Ratcliffe & Co Financial Options Limited; Debtwatch Limited
- Incorporated
- 2000-11-13
- Location
- Manchester
- Industry
- 7412
Why it went into administration
- Property / lease costs
- HMRC / tax arrears
- Parent or group failure
From the administrators' statement
The Company was incorporated on 13 November 2000, and remained dormant from the date of its incorporation, until 2003.
In 2003, the Company began trading as a provider of Individual Voluntary Arrangements (“IVAs”) to consumers
On 20 June 2005 the share capital of the Company was purchased by Loanmakers Holdings ple (formerly Debtmatters Group plc) (“the Group”), a related party of the Company by virtue of common directors. Under the plc umbreila and with the boom in VAs, the Company’s transactional activity increased considerably, and in 2006 the Company relocated to Mansell House, Aspinall Close, Bolton (“Mansell House”).
Administrators' statement of proposals (2011-08-31) · Companies House register