# Poal Realisations Limited (06855165)

> Why UK company 06855165 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06855165

- **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)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06855165/filing-history/MzA4MjU3MDUwOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06855165

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