A-Belco Property Limited (03802356): administration
- Status
- Administration ended
- Administration began
- 2016-11-14
- Administrators' firm
- KRE Corporate Recovery
- Formerly
- Bals Property Limited; Sandco 632 Limited
- Incorporated
- 1999-07-07
- Location
- Newcastle upon Tyne
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Parent or group failure
From the administrators' statement
The Company was incorporated in 1999 It traded as a property holding company from premises at Jubilee industrial Park, Ashington, NE63 8UG (“the Property”) The Property was occupied by other group companies, MEP Solutions Limited, A-Belco Limited and A-Belco (Holdings) Limited, and the NHS Trust
The only source of income to the Company was by way of rental income A summary of the Company's recent trading performance is shown below
Mgmt Accts Mgmt Accts 01 Statutory Accts 01April 2016 to April 2015 to 31 01 April 2014 to
Administrators' statement of proposals (2017-02-20) · Companies House register