De Stefano Property Group Limited (04673687): administration
- Status
- Administration ended
- Administration began
- 2014-12-17
- Administrators
- James Robert Tucker, Edward George Boyle
- Administrators' firm
- KPMG
- Incorporated
- 2003-02-21
- Location
- London
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Funding withdrawn / unable to refinance
- Property / lease costs
From the administrators' statement
The dates of incorporation and nature of the business of each of the Companies ts shown In Appendices 2 and 3
Some of the Companies have property assets The remaining Companies without property assets are mostly non-trading, and we understand that their only assets are shareholdings and / or intercompany debts in other Group companies DSPGL has no property assets but was the borrower under the credit facility with the Lenders and received rent and service charge income from tenants of other Companies’ properties
The property assets were managed by a connected property management company (which ts not ina formal insolvency process), and several third party property consultancy firms
Administrators' statement of proposals (2015-02-19) · Companies House register