Broomhills Property Limited (05856204): administration
- Status
- Administration ended
- Administration began
- 2017-03-10
- Administrators
- Ryan Kevin Grant, Anne Clare O'Keefe
- Administrators' firm
- AlixPartners
- Incorporated
- 2006-06-23
- Location
- Manchester
- Industry
- 7415
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
The Company purchased the Property in 2006 which comprises nineteen acres of woodland and buildings situated in a rural location in Hertfordshire
The Property's principal tenant at that tme was BSGL which operated a shooting ground business, however BSGL was placed into Compulsory Liquidation in January 2010
The Property has been unable to generate sufficient funds from its current occupiers to service its bank loans and following the filing of a winding up petition against the Company by the Liquidator of BSGL (which the directors disputed), the directors requested that the Bank, as QFCH made an application for the appointment of the Joint Administrators
Administrators' statement of proposals (2011-03-23) · Companies House register