# MAR City Developments Limited (01813280)

> Why UK company 01813280 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01813280

- **Status:** Administration ended
- **Administration began:** 2016-05-24
- **Administrators:** Antony David Nygate, Sarah Megan Rayment
- **Administrators' firm:** BDO
- **Formerly:** Solihull Contractors Limited
- **Incorporated:** 1984-05-02
- **Location:** Liverpool
- **Industry:** 41100 Development of building projects

## From the administrators' statement

The Company ts privately owned by Tony and Maggie Ryan, via its immediate holding company Mar 50 Limited.

The Company has two fully owned subsidianes, South Staffs Group Limited (‘SSGL’) and Terngate Limited (‘TL’) SSGL owns a development site in Colindale, North West London together with an investment/development property near Dudley, West Midlands TL owns a non-operational quarry outside of Wolverhampton

Due to uncertainties surrounding the working capital position of the Company, SSGL and TL, together with the accrued lability position, HSBC Bank Plc (‘Bank’ or ‘the Secured Creditor’) sought a detailed business plan from the directors

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01813280/filing-history/MzE1NTE1NzQ1NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01813280

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.