Moyallen Woking Limited (06598627): administration
- Status
- In administration
- Administration began
- 2022-04-07
- Administrators
- Gareth William R Latimer, Stephen Arthur Cave
- Administrators' firm
- Grant Thornton
- Incorporated
- 2008-05-20
- Location
- Manchester
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 20 May 2008 and holds the investment in the Peacocks Centre. The company also holds the Primark lease for Store 2 within the Peacocks Centre, which is due to expire in March 2024.
All head office costs are also incurred within Moyallen Woking Ltd, including 10 staff employed by the Company who carry out various functions across the trading entities, including finance and asset management. Staff are charged to the various companies via intercompany cross charges based on the allocation of their time.
Statutory information relating to the Company is included within Appendix 1. EVENTS LEADING TO THE ADMINISTRATION
Administrators' statement of proposals (2022-06-09) · Companies House register