Asuk Realisations Limited (04333682): administration
- Status
- Administration ended
- Administration began
- 2018-03-22
- Administrators' firm
- KPMG
- Formerly
- Aquatherm Sales UK Limited
- Incorporated
- 2001-12-04
- Location
- Leeds
- Industry
- 22230 Manufacture of builders ware of plastic
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 4 December 2001 as a wholly owned subsidiary of Ormandy. The Company held the sole UK distribution licence for the product range of Aquatherm GmbH. It supplied and installed polypropylene pipe systems for potable water applications, climate technology and for the heating sector.
At the date of our appointment, the Company employed 13 people and operated across the UK from a leasehold property based in the South of England.
2.2. Funding and financial position of the Company
Administrators' statement of proposals (2018-04-18) · Companies House register