# Sun Care Homes Limited (04990576)

> Why UK company 04990576 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04990576

- **Status:** Administration ended
- **Administration began:** 2018-07-24
- **Administrators:** Matthew Ingram, Andrew Knowles
- **Administrators' firm:** Kroll
- **Incorporated:** 2003-12-10
- **Location:** Birmingham
- **Industry:** 87300 Residential care activities for the elderly and disabled

## Why it went into administration

- Sustained trading losses
- Regulatory change or action
- HMRC / tax arrears
- Creditor pressure / legal action
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Management failings / irregularities
- Property / lease costs

## From the administrators' statement

Statutory information on the Company and a summary of its financial history is included at Appendix 1

The Company was incorporated on 10 December 2003 and the sole director as the date of incorporation was Mr Dilipkumar Pancholi.

The Company commenced trading soon after incorporation as the management company for five care homes, based at five separate leasehold sites. The freeholds to the properties are held by the Partnership

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04990576/filing-history/MzIxNDg3ODY2M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04990576

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