Grosvenor Residential (Dorset) Ltd (06105201): administration
- Status
- Administration ended
- Administration began
- 2012-02-17
- Administrators
- Paul John Clark, Paul David Williams
- Administrators' firm
- Kroll
- Incorporated
- 2007-02-14
- Location
- London
- Industry
- 7487
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 14 February 2007 Statutory information on the Company and a summary of its financial position is included at Appendix 1
During 2007, the Company acquired a section of a freehold site located in the centre of the historic market down of Shaftesbury in Dorset using funding provided by the Bank in the form of Land and Development loans in the sum of £403,000 and £1,047,000 respectively The front section of the freehold was separately acquired by the Grosvenor Hotel and converted into a 16 bed boutique hotel It should be noted that Charles Barkshire ts also a director of the Grosvenor Hotel
At this time the premises were in a derelict state and significant renovation work was undertaken to convert the rear half of the premises into ten residential properties
Administrators' statement of proposals (2012-04-17) · Companies House register