# Muller Palatine Properties Limited (04269843)

> Why UK company 04269843 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04269843

- **Status:** Administration ended
- **Administration began:** 2012-05-02
- **Administrators:** Paul Stanley, Jason Dean Greenhalgh
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Muller Property Ventures Limited; Soch Developments Limited
- **Incorporated:** 2001-08-14
- **Location:** Manchester
- **Industry:** 7011

## From the administrators' statement

As the company commenced trading by acquinng a number of development suites, the statutory accounts for the first few years showed substantial losses as there was no trading income but bank and L&P loan interest was wniten off as incurred

The sales of properties started in 2006 but at such low levels as to not produce a net profit.

The general collapse of the property market in 2007 could not have been timed worse for the company and the value of properties brought to the market was decimated Selling prices were reduced and the company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04269843/filing-history/MzA2MDAyMTM4NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04269843

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