# ERL Realisations 2012 Limited (04222879)

> Why UK company 04222879 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04222879

- **Status:** Administration ended
- **Administration began:** 2012-03-23
- **Administrators' firm:** Kroll
- **Formerly:** Egertons Recovery Limited
- **Incorporated:** 2001-05-24
- **Location:** Manchester
- **Industry:** 5020

## Why it went into administration

- HMRC / tax arrears
- Cash flow / liquidity pressure
- Rising costs / inflation
- Energy costs
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Competition / price pressure

## From the administrators' statement

Acquisition of Albany

The Company experienced significant growth from the early to mid 2000’s and was historically profitable In order to sustain growth, the Company purchased the share capital of Albany in Apmil 2007 for a total consideration of circa £685,000

ERL Realisations 2012 Lumited (formerly Egertons Recovery Limited) (In Administration)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04222879/filing-history/MzA1Nzc3NzgwMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04222879

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