# MHA Auchlochan (SC352117)

> Why UK company SC352117 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC352117

- **Status:** In administration
- **Administration began:** 2024-05-02
- **Administrators:** Robert Young, Blair Milne, James Fennessey
- **Administrators' firm:** Azets
- **Incorporated:** 2008-12-04
- **Location:** Renfrew
- **Industry:** 87300 Residential care activities for the elderly and disabled

## Why it went into administration

- Energy costs
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

A.1 The Company was incorporated in 2008 and shortly thereafter it began trading AGV, which is a 50-acre retirement village in South Lanarkshire containing 235 individual homes, as well as the care home, Lower Johnshill.

4.2 The Company’s directors advise that they inherited a number of operational problems when AGV was transferred to the Company on 6 January 2009. These problems included the following;

e = Anobligation to repurchase certain properties when asked to do so (GBB obligations);

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC352117/filing-history/MzM4MzE1NTYxNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC352117

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