# Fallapit House Limited (05705718)

> Why UK company 05705718 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05705718

- **Status:** Administration ended
- **Administration began:** 2012-02-03
- **Administrators:** George Maloney, Graham Paul Bushby
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Formerly:** Fallapit House SPV Limited
- **Incorporated:** 2006-02-10
- **Location:** Milton Keynes
- **Industry:** 7011

## Why it went into administration

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- Funding withdrawn / unable to refinance

## From the administrators' statement

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

below. Abbreviated Abbreviated Draft Annual Annual Annual Report Year Report Year Report Year Ended Ended Ended 30/09/2009 307 09/2008 30/09/2007 Balance Sheet £ £ £ Fixed Assets Tangible Assets 6,235 10,183 9,056 Investinents 2 2 = Current assets Stocks 8,280,597 7,485,337 4,574,972 Debtors 118 18 253,500 Cash at Bank and m hand 16,224 17,557 54,007 8,296,939 7,503,012 4,882,479 Creditors amounts fallmg due within one year (13,270,635) (11,629,113) 391,191) Net assets (4,973,696) (4,126,101) 4,491,288 Total Assets Less Current Liabilities (4,967,459) (4,115,916) 4,500,344 Creditors amounts fallmg due after more than . . (4,512,927) one year (4,967,459) (4,115,916) (12,583) Capital and reser ves Called up share capital 100 t00 100 Profit and loss account (4,967,559) (4,116,016) (12,683) Deficit (4,967,459) (4,115,916) (12,683) oom ee ee

ESTIMATED STATEMENT OF FINANCIAL POSITION

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05705718/filing-history/MzA1NTAxNTQzOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05705718

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