Ogden Waller Limited (04184801): administration
- Status
- Administration ended
- Administration began
- 2013-03-15
- Administrators
- Ian David Green, David James Kelly, Karen Lesley Dukes
- Administrators' firm
- PwC
- Formerly
- Imco (122001) Limited
- Incorporated
- 2001-03-22
- Location
- Leeds
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Group was established in 2001 with the incorporation of Ogden Waller Limited. The Partnerships were subsequently mcorporated between 2001 and 2007 The Group owned and managed a commercial and residential property portfolio from a third party head office in Batley, West Yorkshire
The portfoho consists of 41 properties across the country, with the majority 1 the north of England Although most of the properties are retail sites, the portfolio also includes office, industrial, residential, leisure and development sites.
The Group 1s financed by loans secured with fixed and floating charges over the Group’s property portfolio The loans were provided by the Syndicate which comprised of three lenders: NM Rothschild & Sons, Nationwide Building Society and Bank of Ireland. The debt owed to the Syndicate 1s approximately £31 5 million
Administrators' statement of proposals (2013-05-21) · Companies House register