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ALL Realisations Limited (05348182): administration

Status
Administration ended
Administration began
2022-11-30
Administrators
Michael Kiely, Paul Andrew Zalkin
Administrators' firm
Quantuma
Formerly
Amara Living Limited; Desa Limited
Incorporated
2005-01-31
Location
London
Industry
47910 Retail sale via mail order houses or via Internet

From the administrators' statement

3.1 Quantuma Advisory Limited was first approached by the Company’s directors on 21 September 2022 and asked to provide restructuring advice given the Company’s financial position.

3.2 Quantuma’s Corporate Finance team (“QCF”) was subsequently engaged to manage an accelerated marketing process with a view to identifying bidders for the Company’s shares, or the Company’s business and assets. The terms of engagement included the provision of advice to ensure the process was conducted appropriately under the circumstances. This required input into the negotiation of sale terms.

3.3 Over a six-week period, QCF worked alongside the Company’s directors to broadly market the Company’s share capital, and its trade and assets, to an extensive audience of financial and trade investors. With the help of Quantuma’s independent retail specialist, sector research was carried out to identify suitable trade buyer targets. A proactive campaign focussing on distressed private equity funds was run. Online marketing through multiple channels was carried out.

Administrators' statement of proposals (2023-02-02) · Companies House register

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ALL Realisations Limited (05348182)

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