AAS Realisations (2025) Limited (12465719): administration
- Status
- In administration
- Administration began
- 2025-09-15
- Administrators
- Edward Williams, Timothy Andrew Higgins
- Administrators' firm
- PwC
- Formerly
- Altegra Access & Security Systems Limited; Altegra Integrated Solutions Limited
- Incorporated
- 2020-02-17
- Location
- Leeds
- Industry
- 64209 Activities of other holding companies n.e.c.
From the administrators' statement
Established in 2020 and headquartered in Lopen, Somerset, the Company is a leading UK provider of integrated access, security and aluminium systems. The Company serves a diverse client base across industrial, commercial, and trade sectors. AAS is part of the wider Dunstall Group as per the Group structure (“the Group”) in Appendix II.
The Company primarily operates from a single unit site in Lopen, Somerset but also offered a fleet of mobile field-engineers. In total, AAS employed 26 employees at the date of appointment with 16 based in Lopen and the remaining 10 employees being the mobile field-engineers.
The Company has been funded via a Group wide Barclays overdraft which had a facility limit of £3.8m. Barclays holds fixed and floating charge security over the Company and wider Group entities in respect of this indebtedness. As at our appointment, the Group overdraft facility was utilised to c.£1.6m which the Company had cross guaranteed.
Administrators' statement of proposals (2025-09-23) · Companies House register