Woodbury Park Limited (04270277): administration
- Status
- Administration ended
- Administration began
- 2011-08-26
- Administrators
- Paul Stanley, Jason Dean Greenhalgh
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2001-08-14
- Location
- Manchester
- Industry
- 7011
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
According to information provided by the Company's directors, just pnor to our appointment by the Qualified Floating Charge Holder, the Company had lost tenants in one of it's premises and the bank facility covenants had been breached This left the company with insufficient income to continue trading without ongoing bank support
We are aware that the Bank made demand for repayment of all debts due under its secunty and, upon nonreceipt of payment, appointed administrators.
Administrators' statement of proposals (2011-10-21) · Companies House register