# GKS Pensions & Investments Limited (03672985)

> Why UK company 03672985 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03672985

- **Status:** Administration ended
- **Administration began:** 2011-10-21
- **Administrators' firm:** RSM
- **Incorporated:** 1998-11-24
- **Location:** Leeds
- **Industry:** 6523

## Why it went into administration

- Competition / price pressure

## From the administrators' statement

Due to an uninsured PI claim relating to advice given in 2001 The claim has been upheld but it is yet to be quantified We are advised that the claim will be a ‘six figure sum’ which will render the Company insolvent The director has suggested that other claims may follow

We have provided further details of the sale below, in accordance with the requirements set out in Statement of Insolvency Practice 16

Source of the administrators’ initial introduction

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03672985/filing-history/MzA0NjM4MjU2NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03672985

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