Ralph & Russo Ventures Limited (13460656): administration and why it failed

Ralph & Russo Ventures Limited (13460656): administration

Status: Administration ended
Administration began: 2025-04-14
Administrators' firm: RSM
Formerly: REV Acquisitions Co Limited
Incorporated: 2021-06-16
Location: London
Industry: 64209 Activities of other holding companies n.e.c.

Why it went into administration

Cash flow / liquidity pressure
Sustained trading losses

From the administrators' statement

Relevant extracts from the company’s financial statements and management accounts are summarised below.

Period ended FY 2022 FY 2023 FY 2024 Turnover 837,495 393,878 200,957 Gross profit 420,927 249,862 126,347 Net profit / (Loss) -2,081,580 -971,869 -201,118

Administrators' statement of proposals (2025-06-10) · Companies House register

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