# Nucleus Healthcare Services Limited (06765874)

> Why UK company 06765874 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06765874

- **Status:** Administration ended
- **Administration began:** 2012-10-25
- **Administrators:** Michael Stephen Elliot Solomons, Andrew James Pear
- **Administrators' firm:** BM Advisory
- **Formerly:** Mandaco 596 Limited
- **Incorporated:** 2008-12-04
- **Location:** London
- **Industry:** 86210 General medical practice activities

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Management failings / irregularities

## From the administrators' statement

Nucleus Healthcare Services Limited (‘NHSL”) is a wholly owned subsidiary of Nucleus Healthcare Limited (NHL”), which in turn 1s a wholly owned subsidiary of Nucleus Healthcare Holdings Limited (‘NHHL”)

Please note any reference to the Company in these proposals refers to NHL, since this is the company through which most of the group's trade was conducted.

The Company was founded tn July 2002, with a view to establishing a specialist gastro-enterology clinic in Newport, South Wales by Dr E Srivastava, a leading Consultant in gastro-enterology within the region. Funding

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06765874/filing-history/MzA3MDczNzgzMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06765874

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