Potland Burn Limited (06856621): administration
- Status
- Administration ended
- Administration began
- 2015-07-28
- Incorporated
- 2009-03-24
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- HMRC / tax arrears
- Parent or group failure
From the administrators' statement
The Company was incorporated on 24 March 2009 It was the owner of the freehold title for the Potland Burn surface mine located at Ashington, Northumberland, NE61 6QY (the Freehold Site) The current director of the Company 1s Mr Derek Parkin who was appointed as director of the Company on 22 Apnl 2013 The Company’s registered office 1s located at Harworth Park, Blyth Road, Harworth, Doncaster, DN11 8DB
The Company 1s a member of a group of compamies of which Ocant: No | Limited (formerly UK Coal Mine Holdings Limited) (UKCMBL) 1s the parent The other companies withm the group are Ocant: Opco Limited (formerly UK Coal Operations Limited) (UKCOL), Juniper (No 3) Limited (formerly UK Coal Mining Limited) (UKCML), Ocanti SM Limited (formerly UK Coal Surface Mining Limited) and Jumper (No 7) Limited (formerly Mining Services Limited) There are also a number of dormant or non-operational subsidiaries Together the companies formed the old UK Coal Group (the Old Group)
With the exception of the Company, the parent and all or most of the group companies were each placed into administration on or shortly after 9 July 2013 as a consequence of the financial pressures placed upon the Group The financial pressures arose from the aftermath of a catastrophic fire which took place at the Daw Mill colliery, a site that was operated by UKCOL After the fire, the site was deemed high risk with substantial! liabilities attached to it The remaining dormant or non-operational subsidiaries were placed into creditors’ voluntary liquidation on or after 9 July 2013
Administrators' statement of proposals (2015-08-25) · Companies House register