Westby Homes (Parkwater) Limited (09525907): administration
- Status
- Administration ended
- Administration began
- 2017-09-18
- Administrators
- Simon Robert Thomas, Arron Simon Kendall
- Administrators' firm
- Moorfields
- Incorporated
- 2015-04-02
- Location
- London
- Industry
- 41100 Development of building projects
From the administrators' statement
The Company was incorporated on 2 April 2015 and acquired The Parkwater Hotel in Fairhaven Road, Lytham St Annes shortly thereafter. The site came with planning permission to construct a four storey building containing 32 apartments (known as The Atrium, Fairhaven Road, Lytham St Annes (‘the Property’).
On 22 May 2015, the Company granted fixed and floating charge security over its business and assets, including the site of the Property, to Wellesley Finance plc (‘Wellesley’). Wellesley provided the development finance required to construct the Property.
In or around June 2015, the Company engaged Northbank Demolition Company (CNDC’) to provide a report and estimate for the removal of asbestos from and for the demolition of The Parkwater Hotel. NDC subcontracted the asbestos element of this engagement to Asbestos Consultancy Services (‘ACS’). Based on the report produced by NDC, the Company entered into a contract to demolish The Parkwater Hotel and construct the Property with Bardsley Construction Limited (‘Bardsley’)
Administrators' statement of proposals (2017-11-23) · Companies House register