GEE 5 Limited (04951367): administration
- Status
- Administration ended
- Administration began
- 2014-12-09
- Administrators
- Catherine Williamson, Simon Wilson, Charles Peter Holder
- Administrators' firm
- AlixPartners
- Formerly
- Keelex 288 Limited
- Incorporated
- 2003-11-03
- Location
- Manchester
- Industry
- 41100 Development of building projects
From the administrators' statement
The Company was incorporated on 3 November 2003 as a property holding and management company.
Nationwide provided funds to the Company to enable the purchase of the properties detanted in paragraph 4.5 and was granted fixed and floating charges as detailed in paragraph 6.1 The rental income from the properties was also assigned to Nationwide As detailed above, the debt due to Nationwide totalled £5.88 million.
The Company owns a freehold property situated 1n Stoke-on-Trent, which, in conjunction with an adjoining third party piece of land, was subject to an option to purchase agreement with a national supermarket chain. This option was subject to suitable planning permission being obtained, which was granted in August 2014
Administrators' statement of proposals (2015-01-26) · Companies House register