# MMM Retail Investments Limited (SC618877)

> Why UK company SC618877 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC618877

- **Status:** Administration ended
- **Administration began:** 2020-11-05
- **Administrators:** Philip Deyes, Barry John Stewart
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2019-01-22
- **Location:** Glasgow
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated on 22 January 2019 and commenced trading as a property investment business. The Company acquired 117 Cedar Drive, East Kilbride, Glasgow, G75 9HZ and 2C and 2D Academy Street, Hurlford, Kilmarnock, KA1 5BU in April 2019.

117 Cedar Drive, East Kilbride, Glasgow, G75 9HZ (“Cedar Drive”)

Cedar Drive comprises a detached purpose built retail unit, which is in use as a licensed convenience store. The retail unit is currently leased to Gianco Retail Ltd, a connected entity with common directorship. Cedar is subject to a standard security in favour of Assetz Capital Trust Company Ltd (“Assetz’) who also hold a floating charge over the assets of the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC618877/filing-history/MzI4NTU2OTY2MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC618877

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