BS and M Realisations Limited (10831431): administration
- Status
- Administration ended
- Administration began
- 2022-09-26
- Administrators
- Arvindar Jit Singh, Raj Mittal
- Administrators' firm
- FRP Advisory
- Formerly
- Bluechipworld Sales and Marketing Limited; BCW Sales Ltd
- Incorporated
- 2017-06-22
- Location
- Birmingham
- Industry
- 46520 Wholesale of electronic and telecommunications equipment and parts
Why it went into administration
- COVID-19
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Supply chain disruption
- Cash flow / liquidity pressure
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated in 2017 and has since traded as a wholesaler of electronic accessories and telecommunications related devices and products. The products are sourced in the main from China, under the guise of several brands. The Company’s top 10 customers range significantly in size, from relatively small organisations to multinational supermarket chains such as WM Morrisons and Argos.
The Company operated from leasehold premises at Orbital Way, Cannock, Staffordshire, WS11 8XW. This is also the Company’s registered office address.
Details of the current Directors and shareholders are as follows:
Administrators' statement of proposals (2022-10-10) · Companies House register