# Morningside Residential Ltd. (SC382082)

> Why UK company SC382082 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC382082

- **Status:** Administration ended
- **Administration began:** 2014-03-21
- **Administrators:** James Bernard Stephen, Bryan Jackson
- **Administrators' firm:** BDO
- **Incorporated:** 2010-07-16
- **Location:** Glasgow
- **Industry:** 87100 Residential nursing care facilities

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 16 July 2010 and its head office was located at 7 Barrmill Road, Beith, KA15 1EU. The Company’s principal activity was that of a Care Home for the elderley.

The Director purchased the business & assets as a going concern in July 2010. The Company traded as a care home (Morningside Residential Care Home) which provided full time care for elderly and retired residents. The home had a capacity of 13 beds and required to operate at full capacity in order to generate a profit.

The Company relied upon rental income from its residents and the local authority to trade the business. Unfortunately during the last 6-12 months the Company encountered difficulties with the local council/care inspectorate where it received poor inspection reports. The Company’s inability to improve their inspection rating ultimately lead to the local authority placing a moratorium over the home. This resulted in the Company being unable to fill vacant places in the home and thereby impacting on profitability.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC382082/filing-history/MzEwMDMzNTE3NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC382082

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