# Priory Crafts Limited (04718881)

> Why UK company 04718881 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04718881

- **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’)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04718881/filing-history/MzE1MDY0NDIxMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04718881

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.