Bracknell Property Opco Limited (07893682): administration
- Status
- Administration ended
- Administration began
- 2021-01-20
- Administrators
- Derek Forsyth, Matthew Richards
- Administrators' firm
- Azets
- Incorporated
- 2011-12-29
- Location
- London
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- COVID-19
- Property / lease costs
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
JOINT ADMINISTRATORS
The Company was incorporated on 29 December 2011 under Company number 07893682 and its principal activity was the operation and management of a hotel. A background history of the Company has been provided by the Directors, and this is summarized as follows:
The Company is a wholly-owned subsidiary of Bracknell Property LLP (“LLP”) and its purpose was to act as “Opco” in a standard “Propco-Opco” structure with LLP acting as “Propco”.
Administrators' statement of proposals (2021-03-29) · Companies House register