Halo (Arnish) Realisations Limited (13444660): administration
- Status
- In administration
- Administration began
- 2025-01-27
- Administrators
- Gavin George Scott Park, Clare Boardman
- Administrators' firm
- Teneo
- Formerly
- Harland and Wolff (Arnish) Limited
- Incorporated
- 2021-06-08
- Location
- Birmingham
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Parent or group failure
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
The Companies are subsidiaries within the group of companies owned by PLC. PLC and its subsidiaries are referred to as the “Group”. The Group had two distinct business interests:
1. Agas storage project at Islandmagee, Northern Ireland held via PLC’s subsidiary Infrastrata UK Limited, which remains outside of an insolvency process under the control of its directors; and
2. The Harland and Wolff companies (described further below) held via Halo Holdings. The H&W Group includes the Transaction Companies.
Administrators' statement of proposals (2025-02-04) · Companies House register