Astenhall Ltd (05242839): administration
- Status
- Administration ended
- Administration began
- 2012-10-19
- Administrators
- Mark Elijah Thomas Bowen
- Administrators' firm
- PwC
- Incorporated
- 2004-09-27
- Location
- Droitwich
- Industry
- 4521
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The company's main project was the conversion of existing barns, following their purchase, to form five dwellings, office space and a holiday let with associated infrastructure at Wadborough Hall Farm, Wadborough, Worcester WR8 9HJ
A key piece of land required to comply with the planning permission to provide a visibility splay in the Interests of highway safety was not purchased at the commencement of the project and as a consequence it became necessary to halt the development whilst a solution was sort On 18 January 2010 the debenture holder, Clydesdale Bank Pic, appointed LPA Recervers over the site and it was subsequently sold by the Recevers Insufficient funds were received to repay the bank in full
The company has not traded since the appointment of the Receivers
Administrators' statement of proposals (2012-12-07) · Companies House register