PK Realisations 2016 Limited (04523675): administration and why it failed

PK Realisations 2016 Limited (04523675): administration

Status: Administration ended
Administration began: 2016-05-04
Administrators: Diana Frangou, Dilip K Dattani
Administrators' firm: RSM
Formerly: Powerkut Limited
Incorporated: 2002-09-02
Location: Leicester
Industry: 25400 Manufacture of weapons and ammunition

Why it went into administration

Creditor pressure / legal action
Competition / price pressure

From the administrators' statement

Relevant extracts from the Company's financial statements and management accounts are summarised

below

PROFIT AND LOSS ACCOUNT

Administrators' statement of proposals (2016-07-05) · Companies House register

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PK Realisations 2016 Limited (04523675): administration

Why it went into administration

From the administrators' statement

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PK Realisations 2016 Limited (04523675)