# Parabis Management Limited (04717147)

> Why UK company 04717147 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04717147

- **Status:** Administration ended
- **Administration began:** 2015-11-23
- **Administrators:** Benjamin J Browne, Anne Clare O'Keefe, Peter Mark Saville
- **Administrators' firm:** AlixPartners
- **Formerly:** Scion Management Limited; Waterduel Limited
- **Incorporated:** 2003-03-31
- **Location:** Manchester
- **Industry:** 70229 Management consultancy activities other than financial management

## Why it went into administration

- Funding withdrawn / unable to refinance
- Regulatory change or action
- Rising costs / inflation
- Cash flow / liquidity pressure
- Parent or group failure

## From the administrators' statement

Overview

A group structure chart 1s provided at Appendix A The Company employed 235 employees and provided centrai services, such as facilities, finance, IT and HR to the trading companies in the Group

The Company received income by recharging the central services to the Group

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04717147/filing-history/MzEzOTg5NDkyM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04717147

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