# LTC (Southern) Limited (04462042)

> Why UK company 04462042 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04462042

- **Status:** Administration ended
- **Administration began:** 2015-03-03
- **Formerly:** Stackell Limited
- **Incorporated:** 2002-06-14
- **Location:** London
- **Industry:** 43991 Scaffold erection

## Why it went into administration

- HMRC / tax arrears
- Loss-making contracts / project overruns
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Bad debts / customer insolvency

## From the administrators' statement

The Company was incorporated on 14 June 2002 and operated in the Construction Industry specifically supplymg and installing scaffolding in the South East of England, in particular targeted within the London area

The Company’s original founders were Michael Loizias, a degree qualified individual, with many

years experience working within the construction mdustry, Trevor Chinn who owns another large

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04462042/filing-history/MzEyMjc5OTQwNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04462042

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