From the administrators' statement

The Company was incorporated on 10 July 2002 and its registered office was located at 75 Springfield Road, Chelmsford, Essex, CM2 6JB The Company's principal business interest Is that of buying and selling of own real estate

The principal asset of the Company ts the land and buildings at Borders Industrial Estate, Saltney, Flintshire registered at Land Registry with absolute title under title number WA374687 (“the Property”)

The Property comprises a number of commercial and industnal units which have been leased out to tenants At the date of appointment the Property was almost fully let and being managed by specialist agents, Beresford Adams, who collected the rental income and dealt with any tenant enquiries

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Passfield Limited (04481488)

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