Charter Projects (Developments) Limited (01678472): administration
- Status
- Administration ended
- Administration began
- 2019-12-06
- Administrators
- Henry Anthony Shinners, Nicholas Myers
- Administrators' firm
- Evelyn Partners
- Formerly
- Viewbray Limited
- Incorporated
- 1982-11-16
- Location
- Southend-on-Sea
- Industry
- 41100 Development of building projects
Why it went into administration
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated in 1983 under the name Viewbray Limited and subsequently changed its name to Charter Projects (Developments) Limited later the same year. The Company’s registered office address is 203 London Road, Hadleigh, Benfleet, Essex, England, S87 2RD. The Company’s nature of business in defined as development of building projects (SIC: 41100}. As mentioned in section 3, the Company’s main assets consists of various plots of land and buildings near London Southend Airport.
The administration arose as a result of the Company defaulting under the terms of their loan facility agreement with Investec. Following formal demand being made and due to the non-payment, the administrators were
appointed by Investec in their capacity as QFCH on the 6 December 2019. The qualifying floating charge was dated 29 June 2007 and registered on 18 July 2007.
Administrators' statement of proposals (2020-02-04) · Companies House register