Vasella Holdings Limited (02393741): administration
- Status
- Administration ended
- Administration began
- 2012-03-28
- Administrators
- Mark Robert Fry, Kirstie Jane Provan
- Administrators' firm
- Begbies Traynor
- Formerly
- Skimdike Limited
- Incorporated
- 1989-06-09
- Location
- London
- Industry
- 7487
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company ts a subsidiary of Ashpol pic (“APLC”) APLC is the parent of six property owning companies, including the Company (collectively the “Group”) The ultrmate parent of this Group Is Trafalgar Overseas Limited (“Trafalgar”) The Group structure is detailed below
i’. Ashpol ple « | #Goldacré ? Ashpol (Bristol) | (Ashpo! (Ipswich), (Offices) Limitéd Limited ~ y* > Limited
On 6 December 1985, APLC issued £75 million of 10 75% first mortgage debenture stock which is constituted by a trust deed (‘the Trust Deed”) (as amended, supplemented, restated and modified from time to time), between, among others, APLC and its Trustee, Law Debenture Trustees Limited (formerly known as Eagle Star Trust Company) APLC’s stocks are secured against vanous properties held by its subsidianes (“Charging Subsidianes’), including that of the Company, namely City Gate, Nottingham (“City Gate”)
Administrators' statement of proposals (2012-04-05) · Companies House register