Poal Realisations Limited (06855165): administration
- Status
- Administration ended
- Administration began
- 2013-06-06
- Administrators' firm
- Patshull Owen Associates
- Formerly
- Patshull Owen Associates Limited
- Incorporated
- 2009-03-23
- Location
- Bristol
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 23 March 2009 It processed alleged mis-sold Payment Protection Insurance (“PPi") claims on behalf of individuals in return for a pre-agreed commission
The day to day banking facilities were provided by HSBC Bank Ple (“the Bank”) The Company did not Operate an overdraft facility and there is no debenture registered in the Bank’s favour
In the accounting year to 31 March 2012, financial records reported that the Company held net assets of £89,299 (compared to a negative position of £98,882 the previous year)
Administrators' statement of proposals (2013-08-01) · Companies House register