Ashley House PLC. (02563627): administration
- Status
- Administration ended
- Administration began
- 2020-12-21
- Administrators
- Julian Pitts, Robert Alexander Henry Maxwell
- Administrators' firm
- Begbies Traynor
- Formerly
- Ashley House Interbuild PLC; Ashley House Interiors Limited; Largechance Limited
- Incorporated
- 1990-11-29
- Location
- Leeds
- Industry
- 41100 Development of building projects
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 29 November 1990 and was headquartered in High Wycombe, Buckinghamshire. The Company commenced trading in 1991 and over the next 19 years, it grew into one of the largest and most successful healthcare developers in the Country.
The Company was listed on AIM in January 2007.
On 12 September 2008, the Company granted Lloyds TSB Bank PLC a fixed and floating charge debenture, which remains outstanding.
Administrators' statement of proposals (2021-02-11) · Companies House register