# Oceancrown Limited (SC300563)

> Why UK company SC300563 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC300563

- **Status:** Administration ended
- **Administration began:** 2011-08-03
- **Administrators:** Toby Scott Underwood, Graham Douglas Frost
- **Administrators' firm:** PwC
- **Incorporated:** 2006-04-11
- **Location:** Glasgow
- **Industry:** 7011

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

The Company was incorporated in 2002 and traded as a property investment business, acquiring a portfolio of commercial property, predominantly in the Glasgow area. At the date of administration, the Company owned sixteen commercial sites, 15 in Glasgow and the West of Scotland and one in Edinburgh. The properties were acquired with the intention of securing tenants and, at the date of administration, 11 of the properties were tenanted. ,

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC300563/filing-history/MzA0NTQ5NjI4MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC300563

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