# Mazey Properties Limited (03477658)

> Why UK company 03477658 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03477658

- **Status:** Administration ended
- **Administration began:** 2013-10-22
- **Administrators:** Geoffrey Wayne Bouchier, Phillip Francis Duffy
- **Administrators' firm:** Kroll
- **Incorporated:** 1997-12-08
- **Location:** London
- **Industry:** 55100 Hotels and similar accommodation

## From the administrators' statement

The Joint Administrators’ investigations into the Companies’ affairs have revealed that NAMA had instructed advisors to conduct an independent business review of the financial position and performance of the Companies and the operation of the Properties by Think in October 2011

The review undertaken together with an independent Quantity Surveyor's report on the Properties highlighted a number of tssues including a significant shortfall by the Compames in meeting interest and capital repayments which fell due on the debt owed to NAMA

As a result of the Companies’ failure to service their debts owed to NAMA, NAMA engaged with the Director during the course of 2013 in order to restructure the debts without the requirement

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03477658/filing-history/MzA5MDg5NTc5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03477658

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