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Acorn Shipyard Limited (01319065): administration

Status
Administration ended
Administration began
2016-09-16
Administrators' firm
Insolve Plus
Formerly
Blockworld Limited
Incorporated
1977-06-27
Location
London
Industry
33150 Repair and maintenance of ships and boats

Why it went into administration

From the administrators' statement

The Company was acquired by the Director, Eion Lyons from the Administrator of Union Transport in 2013 The Company continued its business of repairing and maintaining ships and boats.

Acorn Shipyard Ltd operated from two premises, one at Gas House Road, Rochester, Kent MEI IP] and Quarry Barge Yard located off Commissioner's Road, Strood, Rochester, Kent ME2 4EE ona rent free basis The premises are owned by Angel Shipping Ltd (“the Landlord”) who 1s also the parent company with an associated Director

The Landlord acquired the two properties in 2014 and 20!5 respectively Both properties have suffered from a history of acute under-investment and are in a poor state of repair with reduced functionality as regards their operational capabilities and size of vessels that can be accommodated

Administrators' statement of proposals (2016-11-08) · Companies House register

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Acorn Shipyard Limited (01319065)

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