CGM 2020 Realisations Limited (10242377): administration and why it failed

CGM 2020 Realisations Limited (10242377): administration

Status: Administration ended
Administration began: 2020-06-29
Administrators: Lyn L Vardy, Robert Andrew Croxen, Mark Granville Firmin
Administrators' firm: Alvarez & Marsal
Formerly: Customade Group Midco Limited; Cairngorm Acquisitions 1 Midco Limited
Incorporated: 2016-06-21
Location: Brighton
Industry: 64202 Activities of production holding companies

Why it went into administration

Parent or group failure
HMRC / tax arrears
Funding withdrawn / unable to refinance
Cyber attack / IT failure

From the administrators' statement

As at As at As at

30/04/2020 31/12/2019 | 31/12/2018

Fixed assets -| - - Current assets 21,924 . 21,924 — 34,952

Administrators' statement of proposals (2020-07-17) · Companies House register

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CGM 2020 Realisations Limited (10242377): administration

Why it went into administration

From the administrators' statement

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CGM 2020 Realisations Limited (10242377)