PD Realisations 2024 Limited (04168207): administration
- Status
- Administration ended
- Administration began
- 2024-07-15
- Administrators
- James Richard Clark, William James Wright
- Administrators' firm
- Interpath Advisory
- Formerly
- Party Delights Limited
- Incorporated
- 2001-02-26
- Location
- Leeds
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Parent or group failure
From the administrators' statement
The Company was incorporated on 26 February 2001 and was a retailer of party products, costumes and balloons. It had a B2C and B2B customer base.
The Company operated from a leasehold office premises in Sale, Manchester. At the date of our appointment, PD had one director, Neil Weaver (the ‘Director’), and it employed 27 members of staff.
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2024-07-31) · Companies House register