SB Realisations Limited (05467400): administration
- Status
- Administration ended
- Administration began
- 2018-05-30
- Administrators' firm
- KPMG
- Formerly
- Snack In the BOX Limited; MBM Business Systems Limited
- Incorporated
- 2005-05-31
- Location
- Leeds
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 31 May 2005 and is registered at 27 Broad Street, Wokingham, RG40 1AU.
The Company is a wholly owned subsidiary of Ple which is AIM listed and not part of an insolvency process. Two other group companies, Drinkmaster and Uvenco are also in administration. The Company has two directors, Andrew Hardill and Sean Cleveland.
The Company provided vending machines and associated snack products to a network of franchisees. The Company employs ten members of staff across two sites, Blackburn (7) and London (3).
Administrators' statement of proposals (2018-06-27) · Companies House register