# 154 Realisations Limited (06870521)

> Why UK company 06870521 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06870521

- **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

- Regulatory change or action

## 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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06870521/filing-history/MzQ5NjYyODI1MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06870521

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