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Hbci Limited (03622505): administration

Status
Administration ended
Administration began
2011-11-21
Administrators
Jane Bronwen Moriarty, Neil David Gostelow
Administrators' firm
KPMG
Formerly
Hesketh Homes (South-East) Limited; Welltrip Limited
Incorporated
1998-08-26
Location
London
Industry
7487

Why it went into administration

From the administrators' statement

The Company was the registered owner of two leasehold sites at Crown House, Home Gardens, Dartford, DA1 1DZ (‘Dartford’) and 44 Broadway, Stratford, London, E15 1XH (‘Stratford’)

The Company operated the Dartford site as serviced offices The entire property in Stratford was sublet on an informal basis to BBC (Woolwich) Limited, a company connected to the director who in turn operated the building as a serviced office

The Company had amassed considerable debts, including £250,000 due to Dartford Borough Council, the landlord of the Dartford site and a further £156,000 1s due to the landlord of the Stratford site, which also served a winding-up petition on the Company In order to protect its position, the Bank was left with no alternative other than to appoint Administrators over the Company

Administrators' statement of proposals (2012-01-19) · Companies House register

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Hbci Limited (03622505)

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