# LL2014 Realisations Limited (05082811)

> Why UK company 05082811 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05082811

- **Status:** Administration ended
- **Administration began:** 2014-12-15
- **Administrators' firm:** David Thorniley of Traverse Advisory
- **Formerly:** Lightmaker Lotto Limited; Lightmakerlotto Limited; Smslottome Limited
- **Incorporated:** 2004-03-24
- **Location:** Tunbridge Wells
- **Industry:** 62090 Other information technology service activities

## Why it went into administration

- Parent or group failure

## From the administrators' statement

The business was funded by Mr Duncan Troy personally, and through the issue of shares to private investors By late 2014, lack of revenue meant the Company had reached a position where there was no more cash tn the business

David Thorniley of Traverse Advisory Limited was consulted direct by Mr Troy, the sole director of the Company on 31 October 2014, and an initial meeting was held with the director on 3 November 2014 to discuss the Company’s financial circumstances It was apparent the Company was insolvent on a balance sheet basis, in that its liabilities were greater than the value of Its assets, and also on a going concern basis, in that it was not in a position to meet its liabilites as and when they fell due

On 3 December 2014 an application for the appointment of an Administrator was made by the directors, pursuant to Paragraph 22 of Schedule B1 of the Insolvency Act 1986, and on 15 December 2014 David Thorniley was appointed Administrator

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05082811/filing-history/MzExNjU3NDc4MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05082811

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