# MGS (Realisations) Limited (10866854)

> Why UK company 10866854 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10866854

- **Status:** In administration
- **Administration began:** 2025-08-05
- **Administrators:** James Saunders, Mark Blackman
- **Administrators' firm:** Advisory
- **Formerly:** Magnus Search Ltd
- **Incorporated:** 2017-07-14
- **Location:** Manchester
- **Industry:** 78109 Other activities of employment placement agencies

## From the administrators' statement

KR8 Advisory Ltd were first approached by the Directors of the Company on 26 June 2025 and subsequently formally engaged on 4 July 2025.

No Moratorium under Part A1 of the Act has been in force for the Company at any time within the period of two years ending with the day on which it entered Administration.

Creditors should refer to the Joint Administrators’ SIP 16 Report to Creditors at Appendix 5 for further information in respect of the events leading to the Administration,

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10866854/filing-history/MzQ3OTMzMTYzMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10866854

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