CT Asset Realisations Ltd (10842954): administration
- Status
- Administration ended
- Administration began
- 2023-02-16
- Administrators
- Neil A Bennett, Andrew Richard John
- Administrators' firm
- Leonard Curtis
- Formerly
- Ciitech Ltd
- Incorporated
- 2017-06-29
- Location
- London
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- COVID-19
- Supply chain disruption
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 29 June 2017. The current directors are Anthony Coleman and Clifton Flack ("Mr Flack”) and the largest shareholder is Mr Flack.
The Company's registered office is 5" Floor, 167-169 Great Portland Street, London W1W 5PF.
The Company operated as a cannabis healthcare business, with a focus on developing and commercialising innovative CBD (Cannabidiol) medical products and consumer brands. Revenue was derived primarily from sales from its own brand e-commerce websites and from wholesale trade, both in the UK and internationally.
Administrators' statement of proposals (2023-02-28) · Companies House register