# TL Realisations 2024 Limited (07042860)

> Why UK company 07042860 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07042860

- **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- Credit insurance / supplier credit withdrawn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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07042860/filing-history/MzQyMzM3NTI3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07042860

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