# Centrepoint Venues Limited (SC260225)

> Why UK company SC260225 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC260225

- **Status:** In administration
- **Administration began:** 2012-10-11
- **Administrators:** James Bernard Stephen, David J Hill
- **Administrators' firm:** BDO
- **Incorporated:** 2003-12-03
- **Location:** Clarkston
- **Industry:** 56301 Licenced clubs

## Why it went into administration

- Weather / natural events

## From the administrators' statement

The company was incorporated on 03 December 2003. The Company operates from 146 Main Street, Coatbridge as a bar and nightclub.

The Company trades as the Innishmohr Bar, Sugar Sugar and Essence and owns the entire share capital of Merlin McFlys Ltd (“Merlin”) which trades as Level 2 & the Edge from leasehotd premises across the road. There is an intercompany guarantee from Merlin McFlys Ltd to the Company for £3m.

The Company was originally operated by Raymond Codona Jnr and Steve Graham. In 2007, a large operator obtained planning permission to form a new nightclub under leasehold opposite the Company which management viewed as a direct threat and subsequently purchased the leasehotd from the operator and then opened Merlin as above.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC260225/filing-history/MzA2ODE1MzkwOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC260225

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