Daisycourt Properties Limited (05678221): administration and why it failed

Daisycourt Properties Limited (05678221): administration

Status: Administration ended
Administration began: 2011-06-22
Administrators: Graham Paul Bushby, Bruce Alexander Mackay
Administrators' firm: Baker Tilly Restructuring and Recovery
Incorporated: 2006-01-17
Location: Birmingham
Industry: 7011

Why it went into administration

Funding withdrawn / unable to refinance
Loss-making contracts / project overruns

From the administrators' statement

Relevant extracts from the Company’s audited financial statements are summarised below.

y/e 28/02/2009 y/e 29/02/2008 y/e 28/02/2007 Filed ~ Audited Filed - Audited Filed — Audited

Balance Sheet: £ £ £

Administrators' statement of proposals (2011-08-17) · Companies House register

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Daisycourt Properties Limited (05678221): administration

Why it went into administration

From the administrators' statement

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Daisycourt Properties Limited (05678221)