High Street GRP Limited (07831810): administration
- Status
- Administration ended
- Administration began
- 2021-12-16
- Administrators
- Carrie James, Anthony Harry Hyams, Lloyd Edward Hinton
- Administrators' firm
- Insolve Plus
- Incorporated
- 2011-11-02
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- COVID-19
- Regulatory change or action
- Creditor pressure / legal action
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of our proposals has been prepared based on information provided to us by the directors of the Company and not from our personal knowledge as Administrators.
The Company was incorporated on 2 November 2011 and operated as a holding Company for a number of special purpose vehicles which undertook property developments.
The Company moved into the Private Rented Sector (“PRS”) development market approximately six years ago. The management team studied the growth of the PRS market across the USA and the rest of Europe. It was their belief that the rental market in the UK was fundamentally broken and that an opportunity existed for investment funds to move into this 3.4
Administrators' statement of proposals (2022-02-15) · Companies House register