# Spinelock UK Limited (08219660)

> Why UK company 08219660 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08219660

- **Status:** Administration ended
- **Administration began:** 2014-01-28
- **Administrators:** Richard Albert Brock Saville, Peter Andrew Blair
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2012-09-18
- **Location:** Milton
- **Industry:** 41202 Construction of domestic buildings

## Why it went into administration

- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance

## From the administrators' statement

APPOINTMENT

The company was initially formed to provide eca-housing at affordable prices The Company has been funded since the date of incorporation mainly from private investors totalling £1 1m The investment monies have been utilised for the daily operation of the business

As part of the Company's strategy, the Company agreed to purchase a piece of land in Mansfield from Mansfield District Council on a deferred purchase basis for a total consideration of £150,000 To date, only groundworks have been undertaken on this site

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08219660/filing-history/MzA5NzIxMDYxOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08219660

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