Walker Realisations Limited (07851714): administration
- Status
- Administration ended
- Administration began
- 2015-05-22
- Administrators
- Conrad Alan Beighton, Paul David Masters
- Administrators' firm
- Leonard Curtis
- Formerly
- Walker Diecasting Limited
- Incorporated
- 2011-11-17
- Location
- Birmingham
- Industry
- 24530 Casting of light metals
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 17 November 2041 as a manufacturer of aluminium and zinc castings, and traded from leasehold premises at Unit 7 Building 5 Stanmore Industnal Estate, Brdgnorth, Shropshire WV15 5HP._ It employed nine staff, including one director
The business of the Company was purchased following the administration of Walker Casting Limited on 6 January 2012, a company associated with the Company within the definiton of s 435 of the Insolvency Act 1986, by way of common directorship and ownership of Alan Walker
The Company supplied ten key customers, and had traded on a profitable basis since incorporation
Administrators' statement of proposals (2015-07-09) · Companies House register