# Morelane Limited (03998411)

> Why UK company 03998411 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03998411

- **Status:** In administration
- **Administration began:** 2023-04-17
- **Administrators:** James Alexander Snowdon, Georgina Marie Eason
- **Administrators' firm:** MHA
- **Incorporated:** 2000-05-22
- **Location:** London
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Weather / natural events

## From the administrators' statement

In April 2022, a loan facility agreement was entered into between TAB ACM Limited and TAB London Limited (collectively referred to as “TAB”) and the Company ("the Facility Agreement”).

Also, in April 2022, a debenture was entered into between the Company, as the borrower, and TAB ACM Limited and TAB London Limited as the Lender, as security for the Company's obligations under the Facility Agreement. TAB ACM Limited and TAB London Limited took out a fixed and floating charge against Company assets.

The Company's sole director Jason Rishover has provided a personal guarantee in respect of all liabilities owing by the Company to TAB ACM Limited and TAB London Limited, and also in respect of the Company's liabilities to the charge holders Get Going Finance Ltd and Gerrard Capital Ltd.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03998411/filing-history/MzM4MjE2OTY3MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03998411

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