RE Tensator Holdings Limited (06646591): administration
- Status
- Administration ended
- Administration began
- 2015-06-22
- Administrators
- Simon Kirkhope, Chad Griffin
- Administrators' firm
- FTI Consulting
- Incorporated
- 2008-07-15
- Location
- London
- Industry
- 74990 Non-trading company
Why it went into administration
- Funding withdrawn / unable to refinance
- Management failings / irregularities
From the administrators' statement
31 The Company is a UK holding company which 1s 100% owned by the Shareholder, a company established in 2008 by The Riverside Company (a private equity group) following its acquisition of the Group The Company has secured debt of c$45m as a result of providing a guarantee in relation to the issuance of secured notes by THL, the immediate subsidiary of the Company
32 The note debt is secured against the Group's assets (including fixed and floating charges over the Company's assets)
33 The Company ts the Group's ultimate holding company and the Group has operations in the UK, Portugal, Germany, Poland, Spain, Dubai and the USA.
Administrators' statement of proposals (2015-08-20) · Companies House register