# Alric Properties Ltd (SC197108)

> Why UK company SC197108 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC197108

- **Status:** Administration ended
- **Administration began:** 2012-02-15
- **Administrators:** Eileen Blackburn
- **Administrators' firm:** Price Bailey
- **Formerly:** Millbry 249 Ltd.
- **Incorporated:** 1999-06-11
- **Location:** Edinburgh
- **Industry:** 7487

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

Based on the discussions with the Director and former Director and my investigations to date, the insolvency of the company was largely due to the company’s inability to obtain a refinancing deal due to the current economic climate and settle the sums due to the secured creditor.

1.5

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC197108/filing-history/MzA1NjI5OTYyN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC197108

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