# CBT Realisations Limited (06755681)

> Why UK company 06755681 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06755681

- **Status:** Administration ended
- **Administration began:** 2012-03-28
- **Administrators:** Jason James Godefroy, Paul David Williams
- **Administrators' firm:** Kroll
- **Formerly:** Cavendish Bars Trading Limited; Hotspin Promotions Limited
- **Incorporated:** 2008-11-21
- **Location:** London
- **Industry:** 5540

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

The Company experienced a disappointing level of trade during December 2011 and the 2012 New Year period In early January 2012, the directors met with the Company's auditors as they were concerned regarding the poor trading performance of the Company which was hindering Its ability to meet all of its liabilities as they fell due

In order to cut costs a number of staff at area management and unit level were made redundant

In January and February 2012, the directors met insolvency practitioners Paul Wiliams, of Duff & Phelps, and Neil Bennett, of Leonard Curtis, separately, to discuss possible options for the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06755681/filing-history/MzA1NzMxMjMyNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06755681

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