# The Collective (Living) Group Limited (12441000)

> Why UK company 12441000 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12441000

- **Status:** Administration ended
- **Administration began:** 2021-09-15
- **Administrators:** Lisa Jane Rickelton, Matthew Boyd Callaghan, Andrew Johnson
- **Administrators' firm:** FTI Consulting
- **Incorporated:** 2020-02-04
- **Location:** London
- **Industry:** 68209 Other letting and operating of own or leased real estate

## Why it went into administration

- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- COVID-19
- Sustained trading losses
- Over-expansion / investment not recovered

## From the administrators' statement

TCLGL is the parent company of The Collective Group which owns, develops and operates co-living residential buildings across the UK, Ireland, Germany and the United States. HPL is an intermediary holding company and is the Borrower under the Group Facility Agreement. TCLL is the UK operating company.

Simplified Group Structure Brief History of the Companies

m The Collective Group was founded in 2010 as a provider of co-living rental accommodation aimed at students and young professionals. It subsequently expanded by acquiring a

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12441000/filing-history/MzMxOTM0OTM3MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12441000

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