# VTL Realisations 2023 Limited (05365085)

> Why UK company 05365085 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05365085

- **Status:** Administration ended
- **Administration began:** 2023-08-18
- **Administrators:** Timothy Bateson, Ryan Kevin Grant
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Vinoteca Limited
- **Incorporated:** 2005-02-15
- **Location:** Birmingham
- **Industry:** 47250 Retail sale of beverages in specialised stores

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated in 2005 and is a UK based chain of wine bars operating out of five leasehold properties (Borough Yards, Chiswick, Farringdon, Kings Cross and City) across London.

Prior to our appointment, the Company employed approximately 150 members of staff. The Company had three directors as at the date of appointment.

2.2 Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05365085/filing-history/MzM5MTQ2ODc0MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05365085

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