# Dual Compendium Limited (05396888)

> Why UK company 05396888 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05396888

- **Status:** Administration ended
- **Administration began:** 2018-04-13
- **Administrators:** Mark Jeremy Orton, Howard Smith
- **Administrators' firm:** KPMG
- **Formerly:** Norham House 1018 Limited
- **Incorporated:** 2005-03-17
- **Location:** Newcastle upon Tyne
- **Industry:** 74990 Non-trading company

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 17 March 2005 and is a non-trading entity. The Company owns the Property which TSF (100% subsidiary) traded from.

After a period of difficult trading, TSF agreed a Company Voluntary Arrangement (CVA) with its creditors on 2 March 2016. The Company agreed a CVA on the same date. Both CVA’s were completed on 8 January 2018.

The Company was primarily funded by a mortgage over the Property provided by Barclays Bank Ple (the ‘Bank’). At the time of our appointment the Bank was owed approximately £825,000.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05396888/filing-history/MzIwODEyMDI4OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05396888

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