Blackmore Business and Technology Park Limited (05271261): administration
- Status
- Administration ended
- Administration began
- 2012-06-22
- Administrators
- David John Langton, Matthew James Cowlishaw
- Administrators' firm
- Deloitte
- Incorporated
- 2004-10-27
- Location
- Birmingham
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Blackmore ts a property development company which owns a c184 acre commercial development site located at Malvern, Worcestershire, with outline planning consent for c¢ 275,000 sq ft of mixed use business space One unit had been constructed but is not tenanted
Blackmore had no income and was unable to raise additional capital to meet the requirements to continue to promote the site A related company which had planned to enter into a lease for part of the site to develop an alternative energy plant was unable to secure funding for the project As a result, Blackmore was unable to renew appropriate bank facilities for its needs going forward, with a Notice of Appointment of Administrators being filed by the Bank on 22 June 2012
2.2. Details of the Appointment of the Admunistrators
Administrators' statement of proposals (2012-08-16) · Companies House register