# Coolmore Land Limited (06735366)

> Why UK company 06735366 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06735366

- **Status:** Administration ended
- **Administration began:** 2023-03-15
- **Administrators:** James Ronald Lumb, Howard Smith
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Sandco 1098 Limited
- **Incorporated:** 2008-10-28
- **Location:** Newcastle upon Tyne
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- HMRC / tax arrears
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Weather / natural events

## From the administrators' statement

The Company was incorporated on 28 October 2008 and operated as a property holding Company for the Group.

The Company previously owned a 200 acre site in Seaham, County Durham. A sale of this land completed in May 2022 (see Section 3.3).

On our appointment, the Company’s key asset is a 6.5 acre plot of land, also located in Seaham, County Durham. This plot is adjacent to the 200 acre site which was sold in May 2022.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06735366/filing-history/MzM3Nzk1ODQ1OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06735366

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