WMCL Realisations Limited (08211285): administration
- Status
- Administration ended
- Administration began
- 2025-06-27
- Administrators
- Henry Nicholas Page, Dominic Dumville
- Administrators' firm
- Azets
- Formerly
- White Mountain Chalets Limited
- Incorporated
- 2012-09-12
- Location
- London
- Industry
- 55209 Other holiday and other collective accommodation
Why it went into administration
- Property / lease costs
From the administrators' statement
The company was incorporated on 12 September 2012 by Ruth Downey and her Husband James Downey, for the purpose of the letting of premium ski chalets via its website.
The company traded successfully until 2023, when the Company experienced solvency issues. It was rescued when Mr Martin Bugeja, an owner of one of the chalets, purchased 60% of the Company and made available the required funding and enable keep the company to continue trading.
On 14 August 2023, Martin Bugeja sold his 60% share to Tom Bugeja, and as part of this transaction, James Downey transferred his shares to Ruth Downey.
Administrators' statement of proposals (2025-07-14) · Companies House register