# Commander Estates Limited (05995631)

> Why UK company 05995631 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05995631

- **Status:** Administration ended
- **Administration began:** 2011-07-28
- **Incorporated:** 2006-11-13
- **Location:** London
- **Industry:** 7487

## Why it went into administration

- Cash flow / liquidity pressure
- Property / lease costs

## From the administrators' statement

The Company was incorporated on 13 November 2006 and traded as a property holding and commercial rental income business

The Company owned one building, 30 Marsh Wall, London E14 (‘the Property”), that was purchased on 20 July 2007 for £20,500,000 plus VAT This property was let to commercial tenants which generated the Companys sole source of revenue The acquisition was funded by Irish Nationwide Building Society (“INBS’) (“the Bank”) who have a fixed and floating charge over the assets of the Company

Chantrey Vellacott DFK had no prior involvement with the Company until July 2011 when the National Asset Management Agency of Ireland (“NAMA”) requested my firms assistance

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05995631/filing-history/MzA0NDUxNTE1MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05995631

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