Palm Court (Torquay) Limited (07675690): administration
- Status
- In administration
- Administration began
- 2016-01-12
- Administrators
- Kiri Holland, Simon Edward Jex Girling
- Administrators' firm
- BDO
- Incorporated
- 2011-06-21
- Location
- Liverpool
- Industry
- 41100 Development of building projects
From the administrators' statement
The Company was incorporated on 21 June 2011 and operated solely as a property development company. The Company purchased the Palm Court Hotel site in Torquay, in July 2011 and planning permission to build 14 residential apartments, 13 holiday-let apartments and 5 commercial units was granted in May 2012
Balfour Beatty Regional Construction Limited (formerly known as Mansell Construction Services Limited) (‘Balfour’ or ‘the Secured Creditor’) was engaged as the main contractor on the project and funded the build-out and land acquisition. Balfour has the
benefit of a fixed and floating charge dated 15 May 2012 over the assets of the Company.
Administrators' statement of proposals (2016-03-17) · Companies House register