MMS Realisations Limited (06943722): administration
- Status
- Administration ended
- Administration began
- 2015-02-03
- Administrators
- Vincent John Green, Mark Newman
- Administrators' firm
- MHA
- Formerly
- Maritime Media Services Ltd
- Incorporated
- 2009-06-24
- Location
- Tunbridge Wells
- Industry
- 73110 Advertising agencies
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
MMS was incorporated on 24 June 2009, by tts founding directors, Edward William Richmond De Camborne Lucy and Kevin Stewart Christie, as an advertising agency The Company's original focus was to install permanent LED screens, principally at sports grounds
The Company initially employed three members of staff and with financial support from a third party, Jayar, installed its first permanent 30 square metre modular LED screen during late
Over the following twelve months, the directors explored ways to expand the business and found that there were only a few other competitors across England With further financial support provided by Jayar, the Company purchased mobile screens, for the rental market, and increased tts staff numbers Two technicians were employed to manage the screens onsite as well as two sales staff that were based in Gloucestershire
Administrators' statement of proposals (2015-03-26) · Companies House register