# Opal SPV1 Limited (05758337)

> Why UK company 05758337 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05758337

- **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- Funding withdrawn / unable to refinance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

pe ian ereeen ee eee ecomen,

“platform” ‘\

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05758337/filing-history/MzA3ODE2Mjg4MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05758337

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