Astrosoccer 4 U Ltd (04689564): administration
- Status
- Administration ended
- Administration began
- 2017-09-12
- Formerly
- Whyteleafe (2002) Limited; Bashelfco 2786 Limited
- Incorporated
- 2003-03-06
- Location
- Croydon
- Industry
- 93110 Operation of sports facilities
Why it went into administration
- Creditor pressure / legal action
- Property / lease costs
- Weather / natural events
From the administrators' statement
The Company was incorporated on 6 March 2003 with company number 04689564. The principal activity of the Company is that of an operator of sports facilities.
Specifically, the Company owns the freehold footbatl ground used by Whyteleafe FC, a non-league football club in Surrey. There are two other long term tenants, being a childrens nursery and Formark Scaffolding (Holdings) Ltd (“Formark”), one of the chargeholders, as well as a groundshare agreement with another local club. The site is five acres and could be worth significant money if houses could be built on it, although we are advised that planning permission is unlikely to be granted. In its current state, with no planning, the value of the site is uncertain.
The Company also rents the site to local schools and smaller clubs, as well as to Brighton & Hove Albion Academy.
Administrators' statement of proposals (2018-01-23) · Companies House register