The Pride Foundation Limited (03962378): administration
- Status
- Administration ended
- Administration began
- 2013-05-23
- Administrators
- Simon Robert Thomas, Nicholas H O'Reilly
- Administrators' firm
- Moorfields
- Incorporated
- 2000-03-29
- Location
- London
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 29 March 2000 as The Pride Foundation Limited and traded from 4a Helenslea Avenue, London NW11 8ND
The Company is a registered charity with its principal objective being the advancement of the Orthodox Jewish religion and education The Company’s principal business activity 1s that of investment in property with the income ratsed through these activities being used for further the charitys objectives
The Company's principal asset is a 367 acre site known as Newton Industral Estate, Caxton Road, Carlisle (‘the Property”) The Property was formerly leased to Polestar Properties Limited (now Terminus 30 Limited) however this Company entered into administration on 28 April 2011 and was subsequently dissolved on 3 December 2012 Following the administration of Polestar Properties Limited all sources of income from the Property ceased Efforts to re-let the Property were unsuccessful and it has remained vacant since mid 2011
Administrators' statement of proposals (2013-07-15) · Companies House register