I812 Realisations Limited (06389333): administration
- Status
- Administration ended
- Administration began
- 2012-01-30
- Administrators' firm
- David Rubin & Partners
- Formerly
- Inland Solutions Ltd
- Incorporated
- 2007-10-03
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
The Company was incorporated on 3 October 2007 as Inland Solutions Limited At inception, Paul Lonergan (“PL”) and Adam Fynn (“AF ) were appointed Directors and the Company was owned in equal part by them both It commenced trading shortly after incorporation
i The principal trading activities of the Company were concerned with the provision of subcontractor services to recruitment agencies and the provision of accountancy and tax planning services to individual contractors It operated as an intermediary between recruitment agencies and self employed contractors, specialising 1n the transport and medical sectors
The Company operated individual contracts with the sub contractors, charging a 5% fixed fee on their gross income In retum for this, sub contractors received payment from the Company for the services provided to the recruitment agencies, net of the aforementioned 5% fixed fee, together with accountancy and tax planning services
Administrators' statement of proposals (2012-03-19) · Companies House register