Montpellier Holdings Limited (00461142): administration
- Status
- Administration ended
- Administration began
- 2012-01-17
- Administrators
- Ian Christopher Schofield
- Administrators' firm
- PKF
- Formerly
- Montpellier Plant Limited
- Incorporated
- 1948-11-12
- Location
- Leeds
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Property / lease costs
- Sustained trading losses
- Pension deficit
From the administrators' statement
The Company was incorporated on 12 November 1948 and ts a holding company which owns four commercial properties in the Harrogate area as well as shares in two subsidiary companies !ts principal business activity ts to collect rent from the tenants of the properties, which includes sts wholly owned subsidiary, Montpellier Engineers Limited (“Engineers”)
Based on draft unaudited accounts for the year ended 31 January 2010 and management accounts prepared for the year ending 31 March 2011 and 6 months to 30 September 2011, the Company had incurred losses These losses were attributable to supporting its loss making subsidiary, Engineers, and pension contributions due to a defined benefit pension scheme, The Montpellier Pension Scheme (“the Scheme”), of which it was a participating
employer
Administrators' statement of proposals (2012-03-13) · Companies House register