# Enterra Limited (SC527323)

> Why UK company SC527323 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC527323

- **Status:** Administration ended
- **Administration began:** 2018-03-19
- **Administrators:** Kenneth Wilson Pattullo
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2016-02-19
- **Location:** Aberdeen
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## Why it went into administration

- Property / lease costs
- Loss of a key customer, supplier or contract

## From the administrators' statement

The company commenced trading in February 2016 trading in the oil and gas sector.

Substantial funds were invested by the company directors in order to secure machinery required to successfully compete in the market and to cover initial creditor costs before contracts were secured.

Contracts were won by the company and it was anticipated these would be sufficient to enable the company to trade profitably. Additional funding was secured from third parties by way of invoice financing and a loan subject to a floating charge.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC527323/filing-history/MzIwNTYyNTM1NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC527323

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