F V Realisations Limited (11552661): administration
- Status
- Administration ended
- Administration began
- 2021-12-14
- Administrators
- Allan Watson Graham, Matthew Ingram
- Administrators' firm
- Kroll
- Formerly
- Versa Forma Limited
- Incorporated
- 2018-09-04
- Location
- Birmingham
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- COVID-19
- Sustained trading losses
- Brexit
From the administrators' statement
Following a difficult trading period due to Brexit and the COVID-19 pandemic, the Members of the Company sought advice from their independent solicitors Gowling who introduced the Members to Kroll Advisory for formal advice on the options available and on insolvency proceedings. Accordingly, on 21 October 2021 the Members of the Company engaged Kroll Advisory to run an AMA process to finda purchaser of the business and/or certain assets.
Appointment
Allan Graham and Matthew Ingram were appointed as Joint Administrators of the Company by The Warehouse Gym Holdings Ltd, the holder of a qualifying floating charge on 14 December 2021 at the High Court of Justice and Property Courts in Birmingham Insolvency and Companies List (CHD) with the court reference 000407 of 2021.
Administrators' statement of proposals (2022-01-06) · Companies House register