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Ukcp (Four) Limited (05666994): administration

Status
Administration ended
Administration began
2012-05-01
Administrators
David Hunter, Derek Forsyth
Administrators' firm
Azets
Incorporated
2006-01-05
Location
London
Industry
41100 Development of building projects

From the administrators' statement

JOINT ADMINISTRATORS

The Company was incorporated on 5 January 2006 under Company number 05666994 and its main area of trade was the development of building projects

The Company owns a property at King’s Ride, Ascot It appears that the Company had been experiencing financial difficulties for some time due to the significant drop in the value of the property. The Director had attempted to find a solution to these difficulties by achieving longer sub-lettings of the property and working towards a change of use However, as the situation did not appear to be improving, the Lender took the steps to appoint an LPA Receiver to deal with the realisation of the property on their behalf. Following the appointment of the LPA Receiver, the Director sought advice and resolved to take the steps to place the Company into Creditors’ Voluntary Liquidation

Administrators' statement of proposals (2012-07-02) · Companies House register

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Ukcp (Four) Limited (05666994)

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