# Point West London Limited (03364796)

> Why UK company 03364796 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03364796

- **Status:** Administration ended
- **Administration began:** 2012-06-22
- **Formerly:** Tyrolese (386) Limited
- **Incorporated:** 1997-05-02
- **Location:** London
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

The Company was incorporated on 2 May 1997 as Tyrolese (386) Limited and changed tts name to Point West London Limited on 7 August 1997

The Company was formed as a joint venture to develop and refurbish the property situated at 116 Cromwell Road, London SW7 4XA (“Point West’) Point West historically served as the former BEA Terminal building and was constructed during the late 1960s Point West currently comprises of approximately 400 residential apartments with 336 car parking spaces having been converted from tts previous use We understand that the conversion works originally began in the 1980s but ceased for a number of years as a result of the original developer having become insolvent We understand that the Company recommenced the conversion works which were completed in circa 1997 and that the flats in the building were sold on long leases, with the last leasing having been sold in 2002

The Company’s main asset has at all times been tts interest in the headlease in respect of Point West Consequently, the Company’s income has predominantly been ground rent income

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03364796/filing-history/MzA2MjcxNTc0MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03364796

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.