# Portland Crescent Leeds Limited (05576642)

> Why UK company 05576642 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05576642

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05576642/filing-history/MzE0ODI4NzMyMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05576642

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