# DW Realisations 2020 Limited (10457099)

> Why UK company 10457099 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10457099

- **Status:** Administration ended
- **Administration began:** 2020-05-05
- **Administrators' firm:** RSM
- **Formerly:** Daniel Wellington UK Limited
- **Incorporated:** 2016-11-01
- **Location:** London
- **Industry:** 96090 Other service activities n.e.c.

## Why it went into administration

- COVID-19
- Property / lease costs
- Sustained trading losses
- Creditor pressure / legal action
- Brexit
- Rising costs / inflation

## From the administrators' statement

Relevant extracts from the Company’s audited financial statements and management accounts are

summarised below.

Consolidated balance sheet from Draft Annual Accounts for the period ended 31 December 2018.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10457099/filing-history/MzI3MjQzNTU5NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10457099

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