Alerce Advisors Ltd (12145522): administration and why it failed

Alerce Advisors Ltd (12145522): administration

Status: Administration ended
Administration began: 2023-05-24
Administrators: Matthew Robert Haw, Christopher Ratten
Administrators' firm: RSM
Incorporated: 2019-08-08
Location: Manchester
Industry: 70229 Management consultancy activities other than financial management

Why it went into administration

Funding withdrawn / unable to refinance
Sustained trading losses
Cash flow / liquidity pressure
Creditor pressure / legal action
Loss of a key customer, supplier or contract

From the administrators' statement

Relevant extracts from the Company's financial statements and management accounts are summarised below:

£7000

Period ended Year ended Year ended | 11 Months to

Administrators' statement of proposals (2023-06-14) · Companies House register

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Alerce Advisors Ltd (12145522): administration

Why it went into administration

From the administrators' statement

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Alerce Advisors Ltd (12145522)