Montreal Realisations Two Limited (11415367): administration and why it failed

Montreal Realisations Two Limited (11415367): administration

Status: Administration ended
Administration began: 2020-10-30
Administrators: Sarah Helen Bell, Michael Lennon
Administrators' firm: Kroll
Formerly: Teacheractive Group Limited
Incorporated: 2018-06-14
Location: Manchester
Industry: 70100 Activities of head offices

Why it went into administration

COVID-19
Funding withdrawn / unable to refinance
Sustained trading losses

From the administrators' statement

• Details of the main events leading up to the appointment of the Joint Administrators are summarised in sections 3 and 4 of this report.

Appointment

• The Letter of Engagement was issued to the Secured Creditor on 18 August 2020 and subsequently signed on 1 October 2020.

Administrators' statement of proposals (2020-11-16) · Companies House register

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