BRSL Realisations Limited (05940152): administration and why it failed

BRSL Realisations Limited (05940152): administration

Status: Administration ended
Administration began: 2024-07-05
Administrators: James Ashley Dowers, James Hawksworth
Administrators' firm: RSM
Formerly: Building Repair Solutions Limited
Incorporated: 2006-09-19
Location: Manchester
Industry: 82990 Other business support service activities n.e.c.

Why it went into administration

Creditor pressure / legal action
Cash flow / liquidity pressure
Property / lease costs
Weather / natural events

From the administrators' statement

Relevant extracts from the Company’s unaudited financial statements and management accounts are summarised below.

(£) FY22 FY23 FY24 Turnover 6,313,774 8,677,544 10,715,00 Gross profit 833,566 534,405 1,096,204 Net profit / loss 374,566 (198,000) 65,789 Employees (avg) 30 56 56

Administrators' statement of proposals (2024-07-17) · Companies House register

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