Casco Limited (01728216): administration
- Status
- Administration ended
- Administration began
- 2016-08-19
- Administrators
- Steven Sherry
- Administrators' firm
- PwC
- Incorporated
- 1983-06-01
- Location
- Leeds
- Industry
- 46690 Wholesale of other machinery and equipment
From the administrators' statement
Casco Limited (the “Company”) was incorporated on 1 June 1983 and traded in the sale of aircraft spares to the aerospace industry
The Company was a wholly owned subsidiary of Commercial Aerospace Aviation Holdco Limited (“Casco Holdco”) and traded from three properties in Partridge Green, West Sussex, United Kingdom, under informal lease agreements These properties were owned by Commercial Aerospace Services Co Limited (“Casco Property Holdco”), a related party by way of common directors and shareholders
The business of the Company was financed by a bank overdraft and term loan provided by Svenska Handeisbanken AB (the “Bank”), who were secured by way of a debenture created 29 March 2011 and registered at Companies House on 6 Apml 2011 The Bank’s debenture grants it fixed and floating charges over the assets of the Company
Administrators' statement of proposals (2016-10-26) · Companies House register