Opal SPV1 Limited (05758337): administration
- Status
- Administration ended
- Administration began
- 2013-03-14
- Administrators
- Ian David Green, David James Kelly, Toby Scott Underwood
- Administrators' firm
- PwC
- Incorporated
- 2006-03-27
- Location
- Leeds
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
The Opal Property Group 1s the largest private student accommodation provider m the UK with approximately 20,000 beds The sites are modern and high quality, providing a range of facilities including common areas, laundrettes, gyms and swimming pools (at some sites). The sites have a strong local reputation and enjoy good links with universities. With its headquarters m Manchester, the Group 1s broadly structured as follows
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Administrators' statement of proposals (2013-05-17) · Companies House register