# Ccpa Realisations Ltd (06847795)

> Why UK company 06847795 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06847795

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06847795/filing-history/MzEwNTM3MDAzMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06847795

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