Agar Brown Limited (09399796): administration
- Status
- Administration ended
- Administration began
- 2015-09-16
- Administrators
- Guy Robert Thomas Hollander, Neil John Mather
- Administrators' firm
- Mazars
- Incorporated
- 2015-01-21
- Location
- London
From the administrators' statement
The company was incorporated on 21 January 2015 and the principle activity of the company was the construction of property
On 10 April 2015, the company entered into an agreement with The Olive Tree (Arcos) Limited (“Olive Tree”) which provided a funding facility of £2,000,000 with regards to the development of the land at Fairy Grove Nurseries, London Road, Retford, Nottinghamshire, DN22 7JF (“the Property”’) The company granted Olive Tree a secured charge, by way of a debenture, dated 10 Apml 2015
On 14 July 2015, Olive Tree issued formal notice against the directors of the company, which had failed to meet monthly repayments The company had also breached various conditions of the loan agreement
Administrators' statement of proposals (2015-11-12) · Companies House register