# PFS Realisations Limited (06592582)

> Why UK company 06592582 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06592582

- **Status:** Administration ended
- **Administration began:** 2019-12-24
- **Administrators:** John Anthony Lowe, Yasmin Bhikha
- **Administrators' firm:** FRP Advisory
- **Formerly:** PRO Freight Solutions Ltd
- **Incorporated:** 2008-05-14
- **Location:** Nottingham
- **Industry:** 52103 Operation of warehousing and storage facilities for land transport activities

## Why it went into administration

- Supply chain disruption
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
- Sustained trading losses

## From the administrators' statement

The Company was incorporated in 2008 following the purchase of a business from an insolvency process, The Company worked with a national

storage company offering their corporate clients reliable transportation services,

During 2010 an opportunity to offer storage facilities was identified and a 70,000 sq/ft unit was taken on,

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06592582/filing-history/MzI1NTczMzA0NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06592582

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