Oxford GB Two Ltd (05675905): administration
- Status
- Administration ended
- Administration began
- 2016-03-04
- Administrators
- Sarah Helen Bell, Phillip Francis Duffy
- Administrators' firm
- Kroll
- Incorporated
- 2006-01-16
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
Statutory inforrnation on the Companies and a summary of their financial history 1s included at Appendix 1
OGB is the parent company of the group of companies and OGB2 !s 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