# XB Realisations Limited (06520821)

> Why UK company 06520821 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06520821

- **Status:** Administration ended
- **Administration began:** 2022-07-15
- **Administrators:** James Ronald Lumb, Howard Smith
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Xbite Limited
- **Incorporated:** 2008-03-03
- **Location:** Leeds
- **Industry:** 47910 Retail sale via mail order houses or via Internet

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Supply chain disruption
- Sustained trading losses

## From the administrators' statement

The Company traded via its own websites which included “Roov”, “Pukkr”, “365games”, “Shop4World” and “Maison & White”, and through third-party online marketplaces. In the financial year ended 30 June 2021 the Company achieved sales of £51.7 million and a net loss of £1.6 million (according to audited accounts).

The Company operated from a leasehold warehouse at Markham Lane, Duckmanton, Chesterfield, S44 5HS (‘Markham Lane’) (where the packing operation was based) and from office premises at Unit 1, Maison Court, Midland Way, Barlborough, Chesterfield $43 4GD (‘Midland Way’).

At the date of our appointment, the Company employed 87 staff.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06520821/filing-history/MzM0NzE0NjU0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06520821

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