People CAN (07485550): administration
- Status
- Administration ended
- Administration began
- 2012-11-19
- Administrators' firm
- PwC
- Formerly
- Novas Scarman Group; Novas Scarman Group Limited
- Incorporated
- 2011-01-07
- Location
- Leeds
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Pension deficit
From the administrators' statement
People Can was incorporated under the Industrial & Provident Societies Acts 1965 on the 10 February 1998 as Novas-Ouvertures Group Limited. Following a merger it changed its name to Novas Scarman Group Limited on 17 February 2008 and then changed its name to People Can on 6 October 2011
On the 7 January 2011 People Can was registered as a company limited by guarantee with Companies House (as Novas Scarman Group Ltd), and on 12 January 2011 1t was registered as a charity with the Charity Commission for England and Wales (Company Number 07485550 and Chanty Number 1139803)
Novas Scarman Group became a Registered Social Landlord (“RSL”) in September 2000, and as such was regulated by the Tenant Services Authonty (“TSA”) In 2008/2009, an investigation was conducted by the TSA and the chanty was criticised for many of its processes and practises Asa result the Novas Scarman Group deregistered as an RSL on 25 May 2010
Administrators' statement of proposals (2013-01-24) · Companies House register