# RP Realisations Limited (10276880)

> Why UK company 10276880 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10276880

- **Status:** Administration ended
- **Administration began:** 2023-08-08
- **Administrators' firm:** Kroll
- **Formerly:** Rockport International Limited
- **Incorporated:** 2016-07-13
- **Location:** London
- **Industry:** 46420 Wholesale of clothing and footwear

## Why it went into administration

- COVID-19
- Rising costs / inflation
- Supply chain disruption
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was part of the Rockport Group, which had trading entities in the USA, South Korea, China, Spain and Portugal. In addition, the Group had a number of holding companies in the USA and the UK, including the Company’s direct parent, Rockport UK Holdings Ltd.

Certain of the Company's Group, including Rockport UK Holdings Ltd were placed into Chapter 11 Insolvency in the USA due to the Group encountering cash flow issues, as a result inflation, worldwide supply chain issues, high utility bills and the fall out of the COVID 19 pandemic.

A sale of the US business was achieved, however, the purchaser did not wish to acquire the European operations, and therefore the Company was not in a position to continue trade.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10276880/filing-history/MzM5NDQ3NDQ5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10276880

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