# Parking Logistics Holdings Limited (05270496)

> Why UK company 05270496 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05270496

- **Status:** Administration ended
- **Administration began:** 2013-11-27
- **Administrators' firm:** Kroll
- **Formerly:** Holiday Extras Holdings Limited; Loftsite Limited
- **Incorporated:** 2004-10-26
- **Location:** London
- **Industry:** 96090 Other service activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses
- Weak consumer demand
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract

## From the administrators' statement

Statutory information on the Companes and a summary of their financial! history is included at Appendix 1

The Companies formed part of a corporate group which operated in the holiday and leisure industry The main economic activity of the group was undertaken by AML, which managed offairport car parking facilities at the Premises

AML operated from the Premises under the Management Agreements and Land Costs represented the largest cost of AML AML had one major customer which provided over two thirds of AML’s revenue according to management accounts

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05270496/filing-history/MzA5MjgyMjkwM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05270496

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