# Rotherham Holdings Realisations Limited (05623065)

> Why UK company 05623065 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05623065

- **Status:** Administration ended
- **Administration began:** 2015-02-02
- **Administrators:** Jonathon P Sumpton, Robert Hunter Kelly
- **Administrators' firm:** EY
- **Formerly:** MTL Group Holdings Limited; Mayflower Technology Holdings Limited; Broomco (3936) Limited
- **Incorporated:** 2005-11-15
- **Location:** Leeds
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Companies are part of a wider group made up of one trading company, MTL Group, and two holding companies, MTL Holdings and Mayflower

The business was established in 1995 as a contract manufacturing specialist in the metal sector and produced steel products for a vanety of customers The business offered a full range of metal manufacturing processes including cutting (laser, water jet and plasma), bending, welding, press braking, fabricating and machining The core sectors served were defence, construction, quarrying, ratl, recycling and offshore oil & gas

The current Group structure, as presented below, was formed following a management buy-out in 2006

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05623065/filing-history/MzEyMDQyNTQ5N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05623065

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