# Euroscot Rentals Limited (SC345499)

> Why UK company SC345499 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC345499

- **Status:** Administration ended
- **Administration began:** 2019-11-25
- **Administrators:** Scott Milne, Ian William Wright
- **Administrators' firm:** Wri Associates
- **Formerly:** Scot Truck Rentals Limited
- **Incorporated:** 2008-07-09
- **Location:** Glasgow
- **Industry:** 77120 Renting and leasing of trucks and other heavy vehicles

## Why it went into administration

- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 9 July 2008 and carried on business renting and leasing commercial vehicles including trucks and other heavy vehicles.

The Company had a fieet of c400 vehicles on lease or hire purchase across 25 finance companies and serviced a customer base across the central beit of Scotland. The Company had 15 employees.

Accounts lodged indicate that the Company had shareholder’s funds of £1,232,984 as at 31 December 2017 and £1,567,267 as at 31 December 2018.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC345499/filing-history/MzI1NjYxNTY5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC345499

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