Fordgate Midlands Properties Limited (02216321): administration
- Status
- Administration ended
- Administration began
- 2011-06-21
- Administrators
- Henry Anthony Shinners, Finbarr Thomas O'Connell
- Administrators' firm
- Evelyn Partners
- Formerly
- Fordgate Parking Properties Limited; Goldenformal Limited
- Incorporated
- 1988-02-02
- Location
- London
- Industry
- 7011
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Goldenformal Limited was incorporated on 2 February 1988 Thereafter, the members passed two resolutions on 3 March 1988 and again on 17 August 1998 to change the name of the Company to Fordgate Paiking Properties Limited and latterly Fordgate Midlands Properties Limited
The Company’s principal trading activity was property investment through the ownership of a shopping centre located in Chelmsley Wood, which onginally consisted of 341,034 sqft The West Mall and Asda extension was added in June 2009 adding a further 82,286 sqft to the scheme which now totals 423,320 sqft
The Company appears to have gone through a number of fund-raising and refinancing exercises prior to initial funding of £43 millon being provided by the Bank of Ireland (“the Bank”) in March 2005
Administrators' statement of proposals (2011-08-22) · Companies House register