Green Parks (Holdings) Limited (07924043): administration
- Status
- Administration ended
- Administration began
- 2019-06-27
- Administrators
- Chris Ferguson
- Administrators' firm
- RMT Accountants & Business Advisors
- Incorporated
- 2012-01-25
- Location
- Newcastle upon Tyne
- Industry
- 64209 Activities of other holding companies n.e.c.
Why it went into administration
- Property / lease costs
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in 2012 to develop holiday apartments at Westward Ho!, Devon. The sole Director of the Company at the date of the Administration was Peter Sullivan.
The Westbeach Resort site was originally acquired with the benefit of planning consent initially for 160 (now 164) - 2,3 and 4 bed holiday apartments, along with a central Block to provide facilities comprising of an indoor pool, bars and restaurant. These apartments were divided across six accommodation blocks and are largely interlinked, with the exception of Blocks 1 and 2.
Group structure
Administrators' statement of proposals (2019-09-04) · Companies House register