# Stella Properties (Scotland) Limited (SC180238)

> Why UK company SC180238 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC180238

- **Status:** Administration ended
- **Administration began:** 2011-06-16
- **Administrators:** Gerard Anthony Friar, Blair Carnegie Nimmo
- **Administrators' firm:** KPMG
- **Formerly:** Cafe Stella Limited; Libraview Limited
- **Incorporated:** 1997-11-04
- **Location:** Glasgow
- **Industry:** 7487

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

The Company was incorporated in 1997 as Cafe Stella Limited by Mr Alan Lessani (also known as Mr Abbas Lessani). In 1999, the Company changed its name to Stella Properties (Scotland) Limited.

The Company was initially managed by, Mr Alan Lessani until 31 March 2008, when Mr Christopher Lessani (his son) was also appointed as a director. The appointment of Mr Alan Lessani, as a director of the Company, was terminated on 30 September 2010 and we have been advised that he has left the country.

Since incorporation, the Company’s principal activity has been that of commercial property investment and management, specialising in licensed premises and office accommodation in Glasgow and Kirkintilloch. At the date of appointment, the Company owned five freehold properties (‘the Properties’), details of which are included at

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC180238/filing-history/MzA0MTk2NTk0N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC180238

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