● In administration
TCG REALISATIONS 2025 LIMITED
TCG REALISATIONS 2025 LIMITED is tracked from The Gazette and Companies House public record. In administration proceedings were first recorded on 8 December 2025.
The timeline · incorporation → liquidation
6 Oct 1994
Incorporated
Registered as 02974568. Wholesale.
6 Dec 1994
Board changes begin
First of the director resignations before failure.
2 May 1995
Charge registered
Debenture granted to Davenham Trade Finance Limited.
28 Feb 1996
Floating charge registered
Fixed and floating charge granted to Midland Bank PLC.
21 Jun 2002
Charge registered
Legal mortgage granted to Hsbc Bank PLC.
11 Nov 2003
Charge registered
Fixed charge on purchased debts which fail to vest granted to Hsbc Invoice Finance (UK) LTD.
24 Dec 2003
First accounts filed
accounts-with-accounts-type-full
26 Jan 2010
Charge registered
Debenture granted to Hsbc Bank PLC.
22 Feb 2010
Charge registered
Legal charge granted to Hsbc Bank PLC.
17 Nov 2010
Charge registered
Legal mortgage granted to Hsbc Bank PLC.
7 Apr 2011
Charge registered
Legal assignment granted to Hsbc Bank PLC.
16 Oct 2018
Charge registered
A registered charge granted to Hsbc Invoice Finance (UK) LTD.
1 Mar 2023
Charge registered
A registered charge granted to Cynergy Business Finance Limited.
4 Jun 2024
Charge registered
A registered charge granted to Together Commercial Finance Limited.
4 Jun 2024
Charge registered
A registered charge granted to Together Commercial Finance Limited.
4 Dec 2024
Latest accounts filed
accounts-with-accounts-type-total-exemption-full
8 Dec 2025
Administrators appointed
In administration.
8 Dec 2025
Gazette notice published
Notice 5012871 in The Gazette.
15 Dec 2025
Administrator's proposals
Administrators' statement of proposals to creditors.
6 Jan 2026
Proposals approved
Notice of deemed approval of the administrators' proposals.
2 Feb 2026
Statement of affairs
Administrators' statement of the company's affairs.
What the data was telling us
Readings from The Gazette and Companies House, in the firm's final two years.
Insolvency status● Administration
StatusIn administration
Gazette refNotice 5012871
EditionThe Gazette
Appointed byDirectors or a floating-charge holder
UnderInsolvency Act 1986, Sch. B1
Ownership & control● PSC register
Beneficial ownerMr Michael Stephen Withers
ControlOwnership of shares 75 to 100%
Owner typeIndividual
Controllers1 on record
Filing trajectory● Late filing
Incorporated6 Oct 1994
Last accounts4 Dec 2024
Confirmation stmtFiled
Account typeFull
Director stability● Board churn
Appointments13 since 1994
Resignations0 in final 12 mths
Active directors4
Avg tenure8.2 yrs
Director track record● Repeat insolvency
Other appointments9 other companies
Prior insolvencies4 dissolved or insolvent
DisqualificationsNone found
Charges & secured creditors● Floating charge
Charges12 registered
InstrumentA registered charge
HolderTogether Commercial Finance Limited
Registered4 Jun 2024
Statusfully-satisfied
Practitioner appointed● Practitioner
PractitionerChristopher Ratten
FirmRSM UK
RoleAdministrator
IP numberIP 9338
Appointed27 Nov 2025
View profile →The full forensic report
Every charge, every filing, every appointment, in one dossier.
Director histories across related entities, the full debenture instrument, creditor estimates, and the practitioner's record on comparable cases for TCG REALISATIONS 2025 LIMITED.