NE Realisations Limited (08289901): administration
- Status
- Administration ended
- Administration began
- 2014-07-31
- Administrators
- John Malcolm Titley, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Formerly
- Novastar (Europe) Ltd; Fincourt Ltd
- Incorporated
- 2012-11-12
- Location
- Manchester
- Industry
- 81222 Specialised cleaning services
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 12 November 2012 and commenced trading shortly after The Company provides a range of commercial and industrial cleaning and floor care solutions to businesses throughout the United Kingdom
The Company was formed by Colin Harnson who had identified an opportunity in the market for a company which provided services to the commercial and industnal market Mr Harrison introduced c£400k into the business since incorporation in an attempt to provide sufficient working capital to build up trade and goodwill to form a strong business
The Company's trading was split into three sectors
Administrators' statement of proposals (2014-09-16) · Companies House register