Mallory Park (Motorsport) Limited (01842075): administration
- Status
- Administration ended
- Administration began
- 2013-09-30
- Administrators' firm
- Kingston Smith & Partners
- Formerly
- Broadmile Limited
- Incorporated
- 1984-08-20
- Location
- Leeds
- Industry
- 93110 Operation of sports facilities
Why it went into administration
- Property / lease costs
- Creditor pressure / legal action
From the administrators' statement
The Company ts a wholly owned subsidiary of the British Automobile Racing Club Limited (“BARC”) and operated activities on the Premises such as weekend race events, testing days, track days and driver training sessions The Company also hired out the Premises for automobile owners’ clubs meetings and to corporate clients for seminars
Additionally, the Company sub-let certain buildings on the Premises to several sub-tenants, including other motorsport businesses, caterers, a fishing club and one resident
Motorsport has existed on the Premises for over 50 years, with the Company taking over operations shortly after its incorporation in 1984 However, due to pressure from local residents over noise levels, the Company was subject to a Court Order in 1985 (‘the 1985
Administrators' statement of proposals (2013-11-07) · Companies House register