Priory Crafts Limited (04718881): administration
- Status
- Administration ended
- Administration began
- 2016-04-07
- Administrators
- Simon Robert Thomas, Arron Simon Kendall
- Administrators' firm
- Moorfields
- Incorporated
- 2003-04-01
- Location
- London
- Industry
- 7487
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was incorporated on 1 April 2003 In 2006, it issued legal mortgages and a debenture to Clydesdale Bank plc tn respect of properties owned at 21 & 21 A Gloucester Street, Stroud and The Tithe Barn Centre, Brockworth Court, Court Road, Brockworth GL3 4QU (‘the Property’)
It was discovered in 2011 that the property known as The Tithe Barn Centre is landlocked Clydesdale Bank plc consequently appointed Gregory Bill Judd and Alistair Charles Wright of GVA Grimley (now Bilfinger GVA) as Receivers of the Company's properties 21 & 21A Gloucester Street were disposed of by the Receivers in 2013 Prior to my appointment, Alistair Charles Wright resigned as Receiver of The Tithe Barn Centre, with Gregory Bill Judd remaining in office
In 2016, Clydesdale Bank ple’s security was sold to Promontoria (Henrico) Limited (‘the Secured Creditor’)
Administrators' statement of proposals (2016-06-13) · Companies House register