# Yours Communities Coatbridge 1 Limited (03731580)

> Why UK company 03731580 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03731580

- **Status:** Administration ended
- **Administration began:** 2014-12-12
- **Administrators:** B C Nimmo, Robert Andrew Croxen
- **Administrators' firm:** KPMG
- **Formerly:** Pipecomput Limited
- **Incorporated:** 1999-03-12
- **Location:** Reading
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 12 March 1999 and tts principal activity was the development of land purchased in Coatbridge, Scotland, which represents Its primary asset

The Company had a contract with Dundas whereby Dundas would build 111 residential properties on the Coatbridge site At the time of insolvency 27 of these houses had been completed and sold We have worked with Dundas to complete a further sale of one residential property and will continue to work with them in relation to the remaining properties going forward

The Company does not hold a bank account and at the time of insolvency did not have any employees The Company was operated out of the Group's head office in Holt, Norfolk

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03731580/filing-history/MzExNzIzOTk4NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03731580

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