# Cfsgl Realisations 2020 Limited (10856302)

> Why UK company 10856302 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10856302

- **Status:** Administration ended
- **Administration began:** 2020-09-25
- **Administrators' firm:** Deloitte
- **Formerly:** Cartwright Fleet Services (Glasgow) Limited
- **Incorporated:** 2017-07-07
- **Location:** Birmingham
- **Industry:** 29100 Manufacture of motor vehicles

## Why it went into administration

- Funding withdrawn / unable to refinance
- COVID-19
- Creditor pressure / legal action
- HMRC / tax arrears
- Sustained trading losses
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

As noted on the previous page, the profitability of the Group was on a downward trajectory which was

- largely attributed to the SCSC business operating in

a loss making position.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10856302/filing-history/MzI4MDk1MjQ3NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10856302

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