# 12345 Realisations Limited (06257952)

> Why UK company 06257952 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06257952

- **Status:** Administration ended
- **Administration began:** 2012-10-01
- **Administrators:** Phillip Francis Duffy, Benjamin John Wiles
- **Administrators' firm:** Kroll
- **Formerly:** Envido Limited
- **Incorporated:** 2007-05-24
- **Location:** London
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Loss-making contracts / project overruns

## From the administrators' statement

During the year ended May 2012, there was a downturn in business which resulted in the Company making a loss of approximately £242,000 on a reported turnover of £3,758,000

compared to a profit of approximately £238,000 in the previous year

According to the Directors, the losses incurred by the Company and the resulting cashflow problems can be attributed to the following

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06257952/filing-history/MzA2ODM1NTAzN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06257952

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