# NE Realisations Limited (08289901)

> Why UK company 08289901 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08289901

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08289901/filing-history/MzEwNzU3Njg3MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08289901

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