Oldco 12345 Ltd (06131135): administration
- Status
- Administration ended
- Administration began
- 2014-06-17
- Administrators
- Stuart David Maddison, Zelf Hussain
- Administrators' firm
- PwC
- Formerly
- Glendower Holdings Limited; The Portmore House Group Limited
- Incorporated
- 2007-02-28
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- Parent or group failure
From the administrators' statement
The Company was established in 2007 and acted as the holding company for the Group As such no trade occurred within the Company and it simply acted as a vehicle to hold the Group’s debt owed to the Bank.
The Group’s trading companies operated as corporate identity speciahsts. A group structure forms part of Appendix C
The only assets of the Company were its shareholdings in Glendower Group Limited and an mter-company debt due from that company
Administrators' statement of proposals (2014-07-23) · Companies House register