Wickham Vineyard Limited (05863418): administration
- Status
- Administration ended
- Administration began
- 2012-12-07
- Incorporated
- 2006-06-30
- Location
- Salisbury
- Industry
- 11020 Manufacture of wine from grape
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company 1s a 100% subsidiary of Wickham Holdings Limited, which is in itself controlled by local businessman, Mr Nitin Parekh As one of his many business ventures Nitin Parekh had previously purchased a house with an adjoining vineyard in Suffolk It was Mr Parekh's intention to renovate the house and sell it on at a profit In order to assist in the renovation, Mr Parekh asked his associate Wilhelm Mead to assist in the renovation, and followmg completion of the refurbishment work the house was sold on without the vineyard, leaving the vineyard under Mr Parekh's contro!
At around this time Nitin Parekh found that he had time and opportunity to hand as his previous business ventures had completed, and he was therefore looking for new opportunities to invest funds He therefore took the decision to produce wine on the Suffolk vineyard which remained im his possession, and in 2006
decided to purchase an already operating vineyard, Wickham Vineyard, from Gordon Channon and Angela Baart
Administrators' statement of proposals (2013-03-01) · Companies House register