# Ssystems Realisations Limited (05549107)

> Why UK company 05549107 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05549107

- **Status:** Administration ended
- **Administration began:** 2013-11-15
- **Administrators:** Daniel Francis Butters, Daniel James Mark Smith, William Kenneth Dawson
- **Administrators' firm:** Deloitte
- **Formerly:** Sicura Systems Limited
- **Incorporated:** 2005-08-30
- **Location:** Manchester
- **Industry:** 62012 Business and domestic software development

## Why it went into administration

- Parent or group failure

## From the administrators' statement

The majority of the Group entered Administration on 4 November 2013 As aresult, the Company’s funding line effectively ceased and it no longer had access to the working capital facilities necessary to support Its continued trading beyond the very short-term The Directors of the Company sought to rapidly dispose of the business as a going concern However, despite discussions with a number of potentially interested parties and funders, such a disposal did not prove possible Accordingly, the Directors took steps to appoint Administrators to the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05549107/filing-history/MzA5MjAxMzgwM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05549107

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