People CAN Social Enterprise Limited (03084989): administration
- Status
- Administration ended
- Administration began
- 2012-11-27
- Administrators' firm
- PwC
- Formerly
- Novas Social Enterprise Limited; Novas Social Enteprise Limited; Arlington Central Services Limited
- Incorporated
- 1995-07-28
- Location
- Leeds
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Pension deficit
From the administrators' statement
People Can was incorporated under the Industral & Provident Societies Acts 1965 on the 10 February 1998 as Novas-Ouvertures Group Limited Following a merger it changed its name to Novas Scarman Group Limited on 17 February 2008 and then changed its name to People Can on 6 October 2011
On the 7 January 2011 People Can was registered as a company limited by guarantee with Companies House (as Novas Scarman Group Ltd), and on t2 January 2011 1t was registered as a charity with the Charity Commission for England and Wales (Company Number 07485550 and Chanty Number: 1139803)
Novas Scarman Group became a Registered Social Landlord (“RSL”) in September 2000, and as such was regulated by the Tenant Services Authority (“TSA”). In 2008/2009, an investigation was conducted by the TSA and the charity was criticised for many of its processes and practises As a result the Novas Scarman Group deregistered as an RSL on 25 May 2010.
Administrators' statement of proposals (2013-01-24) · Companies House register