# PWMC Realisations Limited (07294415)

> Why UK company 07294415 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07294415

- **Status:** Administration ended
- **Administration began:** 2013-03-01
- **Administrators' firm:** BDO
- **Formerly:** The Proper Welsh Milk Company Limited; Really Welsh Dairy Company Limited
- **Incorporated:** 2010-06-24
- **Location:** Counterslip
- **Industry:** 46330 Wholesale of dairy products, eggs and edible oils and fats

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 26 April 2010 and after equipment fitted began trading in October 2011 as the first new-build dairy in Wales for 75 years. By February 2013 1t was processing (and packing) at production levels of c250,000 litres of Welsh mitk per week to major supermarkets and wholesalers in the region.

The Company operated from a leasehold property in Whitland, Carmarthenshire under a 20 year lease, running from Apnil 2011

During the first 15 months of trade the business was supported by several rounds of funding, as revenues increased to an annualised £5million.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07294415/filing-history/MzA3NzE5NDA4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07294415

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