Cheltenham Studios Limited (03260199): administration
- Status
- Administration ended
- Administration began
- 2012-04-26
- Administrators' firm
- Evelyn Partners
- Incorporated
- 1996-10-08
- Location
- Birmingham
- Industry
- 68201 Renting and operating of Housing Association real estate
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The company had previously owned land and buildings at the Arle Court site and over the years different plots had been sold off, ultimately leaving the company as the owner and landlord of the property known as Manor By The Lake, Arle Court, Hatherley Lane Cheltenham, Gloucestershue, GL51 6PN
(“the property”)
For some 18 months, the directors had been trying to achieve a sale of the property in order to discharge the creditors of the company and allow the directors to retire, however, without success.
Administrators' statement of proposals (2012-06-22) · Companies House register