Ccpa Realisations Ltd (06847795): administration
- Status
- Administration ended
- Administration began
- 2014-06-13
- Administrators' firm
- Grant Thornton
- Formerly
- Contracts & Credit Platforms & Applications Ltd; Proctor Consulting UK Limited
- Incorporated
- 2009-03-16
- Location
- Manchester
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 16 March 2009 and operated from leasehold premises 1n Nottingham, providing contract and credit lifecycle management solutions using its software applications and associated services
Its trading losses caused tt to run out of working capital and struggle to meet its abilities as they fell due In the 10 months to 31 January 2014 the Company made a loss of £195,400
As a result of the cash flow pressures, the Company built up HM Revenue & Customs (HMRC) arrears of £343,000 relaung to VAT and PAYE for a number of prior periods Furthermore, the Company agreed a Time To Pay arrangement with HMRC in October 2013 but was not able to meet these obligations
Administrators' statement of proposals (2014-08-11) · Companies House register