# Logical Property International Limited (05569162)

> Why UK company 05569162 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05569162

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05569162/filing-history/MzA0MzQwMzQxMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05569162

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