# IP Realisations (2012) Limited (04607577)

> Why UK company 04607577 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04607577

- **Status:** Administration ended
- **Administration began:** 2012-04-20
- **Administrators:** Paul Reeves, Kevin Gerald Murphy
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Intego Packaging Limited
- **Incorporated:** 2002-12-03
- **Location:** Bury
- **Industry:** 46180 Agents specialised in the sale of other particular products

## Why it went into administration

- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

31 The Company was incorporated in December 2002 The directors and shareholders since incorporation have been Mr Scott Whitton (sales director) and Mr Paul Barlow (finance director)

32 The Company previously traded from leasehold premises at Unit 26, Oakhill Trading Estate, Devonshire Road, Worsley, M28 3PT however had recently moved to other leasehold premises at Units 1 & 2, Emlyn Street, Farnworth, Bolton The Company provides packaging to a number of customers and employs 7 staff plus the 2 directors

33 The Company was funded by way of an invoice financing facility with ABN Amro Commercial Finance (formerly City Invoice Finance Limited) (‘ABN Amro”) who hold secunty by way of a debenture created on 18 September 2007 The Company operates a current account with Barclays although no credit facilities were provided

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04607577/filing-history/MzA1OTIxOTQwOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04607577

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