# WTS Realisations Limited (11249414)

> Why UK company 11249414 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11249414

- **Status:** Administration ended
- **Administration began:** 2022-05-11
- **Administrators:** Geoffrey Paul Rowley, Ian James Corfield
- **Administrators' firm:** FRP Advisory
- **Formerly:** Whirli Limited; Project Rhea Ltd
- **Incorporated:** 2018-03-11
- **Location:** London
- **Industry:** 47650 Retail sale of games and toys in specialised stores

## From the administrators' statement

Whirli Limited was founded by Nigel Phan and incorporated in March 2018. The Company provided a children’s toy rental service via either a monthly, bi-annual and annual customer subscription.

The Company employed 63 people and traded from an industrial warehouse in Rainham, Essex. Whirli also had a small serviced office in Central London.

Whirli was growing rapidly but remained in the pre-profit phase and ultimately reliant on a consortium of shareholder funding to meet its day-to-day operations financing needs. At the time of the Administration, Whirli had approximately 10,500 customers, many of whom subscribed during the COVID-19 pandemic when non-essential retail stores were not able to open.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11249414/filing-history/MzM0NDMxOTM5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11249414

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