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Washington Developments Limited (04308656): administration

Status
Administration ended
Administration began
2013-05-28
Administrators
Wendy Mcveigh, Stuart Irwin
Administrators' firm
KPMG
Incorporated
2001-10-22
Location
Liverpool
Industry
41100 Development of building projects

From the administrators' statement

The Company traded as Washington Developments Limited which 1s based in County Durham The trading operations of the Company include management/ownership of 27 apartments and the ownership of a 18 hole golf course, Woodham Golf and Country Club, which 1s run by a related company Woodham Golf Resort Limited’ Planning permission has been granted for the development of a new golf clubhouse, hotel and 50 residential dwellings on land owned by the Company beside the golf course

The Company granted a debenture to IBRC on 31 October 2005 which included fixed and floating charges over the principle assets of the Company The Company was unable to service the level of debt through normal trading Accordingly, IBRC applied to the High Court for the appointment of an Administrator

On 28 May 2013 John Hansen and Stuart Irwin were duly appointed Joint Administrators by the Bank

Administrators' statement of proposals (2013-07-25) · Companies House register

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Washington Developments Limited (04308656)

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