# TC Revalerstrasse LLP (OC422970)

> Why UK company OC422970 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/OC422970

- **Status:** Administration ended
- **Administration began:** 2021-11-19
- **Administrators:** Lisa Jane Rickelton, Matthew Boyd Callaghan, Andrew Johnson
- **Administrators' firm:** FTI Consulting
- **Incorporated:** 2018-06-14
- **Location:** London

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Over-expansion / investment not recovered

## From the administrators' statement

TC Revalerstrasse LLP is a subsidiary of the ultimate parent company TCLGL. It is an intermediary holding company and a guarantor of the Group Facility Agreement. The Partnership held shares in an entity which ultimately owned a pre-construction development site in Germany.

Focussed Group Structure Brief History of the Partnership

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 number of co-living and mixed-use development sites across the UK, Ireland, Germany and

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/OC422970/filing-history/MzMyMTUyMTE0NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/OC422970

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