# MLCG Limited (09752798)

> Why UK company 09752798 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09752798

- **Status:** Administration ended
- **Administration began:** 2016-06-29
- **Administrators:** Blair Carnegie Nimmo, Mark Jeremy Orton
- **Administrators' firm:** KPMG
- **Incorporated:** 2015-08-27
- **Location:** Birmingham

## Why it went into administration

- Sustained trading losses

## From the administrators' statement

The Company was incorporated in August 2015 and acquired the trade and assets of 140 of former Morrisons Local convenience stores in October 2015 As part of this transaction, the shares in MLC and MLS which hold the property leases were also acquired

Of the 140 stores acquired, 10 stores were identified as non-trading and the remaining 130 stores were traded through the legal entity MLCG The Company also operated from head offices in Southampton and Peterborough which are serviced third party offices

Parent company guarantees (’PCGs') were provided by Morrisons in respect of a large number of the leasehold properties when the stores were formerly Morrisons Local Convenience stores Following the transfer of the business to the Group, the majority of those PCGs remained tn place Morrisons

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09752798/filing-history/MzE1NjY1MDk3MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09752798

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