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154 Realisations Limited (06870521): administration

Status
In administration
Administration began
2025-10-28
Administrators
Christopher Newell, Nicholas Simmonds
Administrators' firm
Quantuma
Formerly
Assembly Studios Limited; Smoothe Creative Limited
Incorporated
2009-04-06
Location
Watford
Industry
62090 Other information technology service activities

Why it went into administration

From the administrators' statement

Nicholas Simmonds and Chris Newell of Quantuma Advisory Limited were first approached by the Company on 2 September 2025.

A letter of engagement in relation to the proposed Administration process was subsequently issued and the signed version was returned on 10 October 2025.

It was agreed that the Company was insolvent on both a balance sheet basis and on a cash flow basis, as the Company could not pay its debts as and when they fell due, without continued financial support.

Administrators' statement of proposals (2026-01-05) · Companies House register

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154 Realisations Limited (06870521)

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