USC Realisations Limited (11985044): administration
- Status
- Administration ended
- Administration began
- 2024-03-12
- Administrators
- Tyrone Courtman, Deviesh R Raikundalia
- Administrators' firm
- RSM
- Formerly
- Universal Supply Chain & Solutions Limited; PHM Universal Limited
- Incorporated
- 2019-05-08
- Location
- Enderby
- Industry
- 52103 Operation of warehousing and storage facilities for land transport activities
Why it went into administration
- Supply chain disruption
- HMRC / tax arrears
- Creditor pressure / legal action
- COVID-19
- Cash flow / liquidity pressure
- Sustained trading losses
- Brexit
From the administrators' statement
The Company was incorporated in May 2019 to enable the purchase of the business and assets of Seabourne Supply Chain and Solutions Limited (“Seabourne”). The sale was concluded in July 2019 and Seabourne entered into liquidation on 5 August 2019.
The Company operated in the co-packing industry and provided full supply chain logistics fulfilment as well as flexible warehousing. The Company employed a full-time management team and up to 200 production staff (agency staff) in peak times. The Company specialised in dealing with seasonal promotions, long term contracts and miscellaneous contracts throughout the year.
The Company operated from leasehold premises in Northampton including a modern clean room for industries where hygiene and temperature control is crucial. The Company obtained BRC Storage and Distribution Grade AA and BRC Food Safety grade AA. SEDEX and Organic Soil Association.
Administrators' statement of proposals (2024-03-28) · Companies House register