T2 Realisations Limited (05880654): administration
- Status
- Administration ended
- Administration began
- 2016-03-08
- Administrators' firm
- KPMG
- Formerly
- Take 2 Film Holdings Limited
- Incorporated
- 2006-07-19
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The business historically specialised in the supply of camera and lighting equipment tor a range of production, including film, drama, and commercials It had a foreign subsidiary which operated in South Africa
Prior to the Joint Administrators’ appointment, the Directors negotiated a sale of the Company's camera division, which was based at tts head oftice in Acton, London, to Procam, an independent third party However, ts lighting division remained within the Company
As part of the sale agreement with the purchaser of the camera division, the Company changed its registered name from ‘Take 2 Film Holdings Limited’ to ‘T2 Realisations Limited’ on 25 February 2016 The Change of Name certificate has been lodged at Companies House
Administrators' statement of proposals (2016-05-09) · Companies House register