# Greenspace Forum (Trading) Limited (04491481)

> Why UK company 04491481 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04491481

- **Status:** Administration ended
- **Administration began:** 2013-04-19
- **Administrators' firm:** Harrisons Business Recovery and Insolvency
- **Formerly:** Urban Parks Forum Limited; Greenspace Forum Limited; BLA 982 Limited
- **Incorporated:** 2002-07-22
- **Location:** Reading
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- COVID-19
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Parent or group failure

## From the administrators' statement

There were several contributory factors that led to the failure of the Group but ultimately it was the problems with cash flow that led to its demise Forum was covering all the salary costs for the regional divisions and certain of these were a pressure on the Company at a time when income was falling,

which served to exacerbate the cash flow difficulties

At the end of 2011 Forum’s directors met with Big and Heritage Lottery to see how the parlous situation for publicly financed parks might be addressed Discussion was around support for the

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04491481/filing-history/MzA4MDEwODUwM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04491481

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