MBI Lynwood Limited (09187318): administration
- Status
- Administration ended
- Administration began
- 2019-10-29
- Administrators
- John Paul Sugden, Rob Sadler
- Administrators' firm
- Kroll
- Formerly
- MBI Morvern Limited
- Incorporated
- 2014-08-22
- Location
- Northampton
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 22 August 2014 by Mr. Woodhouse to acquire the Gilwood Lodge care home. The transaction was concluded on 11 March 2015 for the sum of £500,000 and HM Land Registry recorded the acquisition
in the name of the Company against the title number for the Property.
Mr. Forster became a Director of the Company on 15 January 2015. The acquisition was funded by way of the Company entering into 47 leases for rooms within the property, which were sold between February and October 2015.
Administrators' statement of proposals (2019-12-18) · Companies House register