Portland Crescent Leeds Limited (05576642): administration
- Status
- Administration ended
- Administration began
- 2016-03-04
- Administrators
- Sarah Helen Bell, Phillip Francis Duffy
- Administrators' firm
- Kroll
- Formerly
- Lupfaw 191 Limited
- Incorporated
- 2005-09-28
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
Statutory information on the Companies and a summary of their financtai history is included at Appendix 14
OGB ts the parent company of the group of companies and OGB2 1s the SPV utilised by GB Group to develop a new 206-bed Hilton hotel on Portland Crescent in Leeds PCL was the original purchase vehicle for the development
OGB2 operated clearing account facilities with Co-op and OGB operated clearing account facilities with Lloyds Both Co-op and Lloyds were granted a debenture by the respective companies PCL had no bank account
Administrators' statement of proposals (2016-05-11) · Companies House register