Commander Estates Limited (05995631): administration
- Status
- Administration ended
- Administration began
- 2011-07-28
- Incorporated
- 2006-11-13
- Location
- London
- Industry
- 7487
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
The Company was incorporated on 13 November 2006 and traded as a property holding and commercial rental income business
The Company owned one building, 30 Marsh Wall, London E14 (‘the Property”), that was purchased on 20 July 2007 for £20,500,000 plus VAT This property was let to commercial tenants which generated the Companys sole source of revenue The acquisition was funded by Irish Nationwide Building Society (“INBS’) (“the Bank”) who have a fixed and floating charge over the assets of the Company
Chantrey Vellacott DFK had no prior involvement with the Company until July 2011 when the National Asset Management Agency of Ireland (“NAMA”) requested my firms assistance
Administrators' statement of proposals (2011-09-27) · Companies House register