Bridgehouse Projects Limited (02851461): administration
- Status
- Administration ended
- Administration began
- 2013-04-26
- Administrators
- John Malcolm Titley, Sean Williams, Philip Deyes
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1993-09-08
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
In 2005, the Company commenced development of 26 units (‘Block A’) at Tobacco Wharf, Commercial Road, Liverpool (‘Tobacco Wharf’) The build project was funded originally by Bank of Scotland Ple but was later refinanced by Clydesdale Bank t/a Yorkshire Bank (‘the Bank’) in September 2007
The land and property, before redevelopment, had been owned by the Homes and Communities Agency (HCA) who, as part of a redevelopment programme in Liverpool, granted a long lease to the Company to facilitate redevelopment of the site to residential
All units were soon sold in Block A with a connected company, Tobacco Wharf Management Company Limited (‘TWMCL’), managing these properties on the long feaseholders behalf
Administrators' statement of proposals (2013-06-25) · Companies House register