Lightstone (Coventry) Limited (05404391): administration and why it failed

Lightstone (Coventry) Limited (05404391): administration

Status: Administration ended
Administration began: 2011-05-04
Administrators: Anne Clare O'Keefe, Ryan Kevin Grant
Administrators' firm: AlixPartners
Incorporated: 2005-03-24
Location: Manchester
Industry: 7011

Why it went into administration

Funding withdrawn / unable to refinance
Cash flow / liquidity pressure

From the administrators' statement

Coventry was incorporated on 24 March 2005 and Leeds was incorporated on 16 August

2006.

The Companies’ principal activity was that of commercial property investment

Administrators' statement of proposals (2011-06-29) · Companies House register

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Lightstone (Coventry) Limited (05404391): administration

Why it went into administration

From the administrators' statement

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Lightstone (Coventry) Limited (05404391)