NLP Realisations Limited (06771266): administration
- Status
- In administration
- Administration began
- 2025-11-14
- Administrators
- Richard Paul James Goodwin, Roderick Graham Butcher
- Administrators' firm
- Butcher Woods
- Formerly
- New Leaf Plants Ltd
- Incorporated
- 2008-12-11
- Location
- Birmingham
- Industry
- 01300 Plant propagation
Why it went into administration
- Rising costs / inflation
- COVID-19
- Bad debts / customer insolvency
- Weather / natural events
From the administrators' statement
The Company was incorporated on 11 December 2008 under the name New Leaf Plants Ltd. The principal activity of the Company was to act as a plant nursery. The Company traded from leasehold premises in Evesham, Worcestershire and at the point of Administration had 38 employees. The Company traded successfully for a number of years.
A summary of the Company’s recent trading performance is shown below:
Management Accounts Statutory Accounts Statutory Accounts 01/01/2025 - 14/11/2025 Year End 31/12/2024 Year End 31/12/2023 Turnover 2,808,557 2,766,230 3,435,599 Cost of Sales 2,224,324 2,205,191 2,391,298 Gross Profit $84,232 561,039 1,044,301 Gross Profit % 21 20 30 Administrative Expenses 657,231 829,789 740,228 (268,750) 304,073 Other Operating Income - 6,306 1,822 Operating (Loss)/Profit (72,999) (262,444) 305,895 Interest Payable and similar expenses - 174,899 116,217 (Loss}/Profit before Taxation (72,999) (437,343) 189,678 Tax on (loss}/profit - {18,052} 18,052 (Loss}/Profit for the Period __{72,999) . _— (419,291) . __171,626
Administrators' statement of proposals (2025-12-18) · Companies House register