TL Realisations 2024 Limited (07042860): administration
- Status
- Administration ended
- Administration began
- 2024-04-02
- Administrators
- Robert Armstrong, Rebecca Makaruk
- Administrators' firm
- Kroll
- Formerly
- Tactus Limited; Maceco Limited
- Incorporated
- 2009-10-14
- Location
- Manchester
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The Companies had historically traded profitably and the latest filed accounts prior to the sale, being the year ending 31 March 2022, recorded revenues and EBITDA as summarised below:
Company | Revenue (£) EBITDA (£) CCLCL Realisations 2024 Limited 56,500,000 2,500,000 DLL Realisations 2024 Limited 18,318,422 989,049 TL Realisations 2024 Limited 38,870,092 2,144,236
In February 2022, the Group’s parent company, Tactus Holdings Limited (“THL”) acquired Box Ltd. However, during the preparation of the completion accounts in May 2022 following acquisition by THL it
Administrators' statement of proposals (2024-06-04) · Companies House register