# Nathenview Ltd. (SC269961)

> Why UK company SC269961 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC269961

- **Status:** Administration ended
- **Administration began:** 2016-09-06
- **Administrators:** William Matthew Humphries Tait, James Bernard Stephen
- **Administrators' firm:** BDO
- **Incorporated:** 2004-06-28
- **Location:** Glasgow
- **Industry:** 68209 Other letting and operating of own or leased real estate

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

The Company was incorporated on 28 June 2004. The Company operated from the head office in Hanison Business Centre, 567 Cathcart Road, Glasgow, G42 8SG and rented owned commercial and residential premises. The Company’s principal activity was the letting of owned property.

We understand that the Company had banking facilities with Allied Irish Bank and that the debt was sold to Clipper Holding II S.a.r.l in 2016. The securities held by Allied Irish Bank were assigned to Clipper Holding II S.a.r.t [‘Clipper’]. We understand that the facilities had expired and with no suitable proposals to refinance the debt being received, Clipper proceeded to appoint Joint Administrators.

On 6 September 2016, James Bernard Stephen and William Matthew Humphries Tait, both of BDO LLP, were appointed Joint Administrators. The appointment being made by Clipper Holding I! S.a.nl, 11-13 Boulevard De La Foire, L-1528 Luxembourg in terms of Paragraph 14 of Schedule Bt of the Insolvency Act 1986.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC269961/filing-history/MzE1OTgyMzQ0MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC269961

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