# A-Belco Property Limited (03802356)

> Why UK company 03802356 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03802356

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03802356/filing-history/MzE2OTI4ODM3NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03802356

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