Logical Property International Limited (05569162): administration
- Status
- Administration ended
- Administration began
- 2011-07-05
- Administrators
- Jamie Playford
- Administrators' firm
- Acuity Professional Partnership
- Incorporated
- 2005-09-20
- Location
- Norwich
- Industry
- 7011
Why it went into administration
- Property / lease costs
- Rising interest rates
From the administrators' statement
The directors attribute the failure of the Company to the following
• Global recession impacting property values
• Loss of foreign investments due to the recession
Administrators' statement of proposals (2011-09-07) · Companies House register