PWL Realisations Limited (09162929): administration
- Status
- Administration ended
- Administration began
- 2024-07-19
- Administrators
- Christopher Newell, Nicholas Simmonds
- Administrators' firm
- Quantuma
- Formerly
- Profound Works Limited
- Incorporated
- 2014-08-05
- Location
- Watford
- Industry
- 62020 Information technology consultancy activities
From the administrators' statement
By 13 June 2024, it had become apparent that the Company required funding above the level available to it by its bank and neither the Company nor its investors were in a position to advance the necessary funding in order to meet its considerable short-term costs.
Quantuma Advisory Limited were approached by the Company on 13 June .2024 and subsequently instructed on 19 June 2024.
No Moratorium under Part A1 of the Act has been in force for the Company at any time within the period of 2 years ending with the day on which it entered Administration
Administrators' statement of proposals (2024-09-11) · Companies House register