# X-Subsea UK Holding Limited (SC357286)

> Why UK company SC357286 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC357286

- **Status:** Administration ended
- **Administration began:** 2015-04-27
- **Administrators:** Alexander Iain Fraser, Thomas Campbell Maclennan
- **Administrators' firm:** FRP Advisory
- **Formerly:** Reef Subsea UK Limited; Scanmudring UK Limited; Ledge 1070 Limited
- **Incorporated:** 2009-03-26
- **Location:** Aberdeen
- **Industry:** 74990 Non-trading company

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract

## From the administrators' statement

The Company was incorporated in 2009 and is a subsidiary of Reef Subsea AS, a company registered in Norway.

In November 2011, Reef Subsea AS acquired the dredging and excavation operations of the global X-Subsea business (at that time called Rotech), with XSUKH acting as the holding company of the group. A structure of the X-Subsea group as at the date of my appointment is below.

X-Subsea UK Holding Ltd (ADM) "XSUKH"

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC357286/filing-history/MzEyNTc2MTY1NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC357286

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