# Garland Development Ltd (05877532)

> Why UK company 05877532 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05877532

- **Status:** Administration ended
- **Administration began:** 2016-02-17
- **Administrators:** Jonathan Elman Avery Gee, Stephen Leonard Conn
- **Administrators' firm:** CG&Co
- **Incorporated:** 2006-07-17
- **Location:** London
- **Industry:** 41100 Development of building projects

## From the administrators' statement

We were approached by Habib Bank AG Zurich on 9 February 2016 who advised that they were owed circa£4,204,230, that they had issued a demand letter on 11 January 2016 to the Company, as loan repayments had not been maintained On review of the file they

determined that ther interest would be better protected by appointing Administrators over the Company

As a result, Jonathan E Avery-Gee and Stephen L Conn of CG&Co, 17 St Ann's Square, Manchester, M2 7PW licensed insolvency practitioners, were appointed Joint Administrators of the Company by Habib Bank AG Zurich on 17 February 2016 The Joint Administrators act jointly and severally in the Administration

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05877532/filing-history/MzE0Njk5MTMxN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05877532

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