K Realisations Limited (05237938): administration
- Status
- Administration ended
- Administration began
- 2024-03-28
- Administrators
- Philip Lewis Armstrong, Philip James Watkins
- Administrators' firm
- FRP Advisory
- Formerly
- K Two Sales Limited
- Incorporated
- 2004-09-22
- Location
- London
- Industry
- 28302 Manufacture of agricultural and forestry machinery other than tractors
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Rising interest rates
From the administrators' statement
Business and operations
The Company was incorporated on 22 September 2004 for the purpose of manufacturing high quality agricultural machinery.
The business initially manufactured muck spreaders under the K Two brand before introducing a range of tipping trailers which became popular with existing and new customers.
Administrators' statement of proposals (2024-05-31) · Companies House register