Billsop Properties Limited (03900392): administration
- Status
- Administration ended
- Administration began
- 2012-08-15
- Administrators
- Simon Robert Thomas, Nicholas H O'Reilly
- Administrators' firm
- Moorfields
- Incorporated
- 1999-12-29
- Location
- London
- Industry
- 7011
Why it went into administration
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
The Company was incorporated on 29 December 1999 at Jute House, 1 Valmar Works, Camberwell, London, SE5 9NW The purpose of the Company was to own freehold and long leaseholds in a number of properties, collecting the ground rent However, when the associated companies were unable to meet their liabilities, enforcement procedures were commenced As the Company gave cross-guarantees for the associated companes, enforcement action was also taken against the Company
An application for the appointment of Administrators was made by Dunbar Bank plc, being the qualifying floating charge holder, pursuant to Schedule B1 of the Insolvency Act 1986 On 15 August 2011 Simon Thomas and Robert Pick were appointed Joint Administrators The Administration ts registered in the High Court, Royal Courts of Justice, under reference number 7048 of 2011
Administrators' statement of proposals (2011-10-17) · Companies House register