Benchmark Leisure Limited (03031801): administration
- Status
- Administration ended
- Administration began
- 2023-10-20
- Administrators
- Liam Alexander Short, James Alexander Snowdon
- Administrators' firm
- MHA
- Formerly
- Benchmark (Teesside) Limited; Benchmark (Northern) Limited; Benchmark Leisure Limited; Yorkco 140 Limited
- Incorporated
- 1995-03-10
- Location
- London
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Property / lease costs
- Creditor pressure / legal action
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the Directors of the Company and not from my personal knowledge as Joint Administrator.
The Company was incorporated on 10 March 1995 and began trading as a real estate developer based in West Yorkshire.
In 2001, the Company entered into a Development Agreement (“the Agreement”) with North Yorkshire Council (formerly Scarborough Borough Council) (“NYC”) to undertake a series of phased developments including the development of a waterpark in Scarborough (“the Waterpark”), the Principle Visitor Attraction (“PVA”) which, once complete, would result in an influx of tourism and business into the Scarborough area, as well as granting the Company the option to purchase the land surrounding the Waterpark at a discounted rate.
Administrators' statement of proposals (2023-12-16) · Companies House register