Morley Gpco Limited (09008294): administration
- Status
- In administration
- Administration began
- 2025-01-21
- Administrators
- Ian James Corfield, Simon Baggs
- Administrators' firm
- FRP Advisory
- Incorporated
- 2014-04-23
- Location
- London
- Industry
- 64209 Activities of other holding companies n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Companies were incorporated in April 2014 as part of the ‘Morley’ Group which was a redevelopment project for the ‘Shiva Hotels’ brand.
The aim was to redevelop Morley House, an office building on the Holborn Viaduct, London, into an i1-storey hotel with a gross development value of approximately £323million.
The Morley House groop was structured as follows:
Administrators' statement of proposals (2025-01-30) · Companies House register