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J2RA Limited (09694682): administration

Status
In administration
Administration began
2025-03-12
Administrators
Edward Avery-Gee, Daniel Mark Richardson
Administrators' firm
CG&Co
Incorporated
2015-07-20
Location
Manchester
Industry
41202 Construction of domestic buildings

From the administrators' statement

3.1 On27 January 2025, Hope Capital 2 Limited ("Hope Capital"} served a demand upon the Company due to an event of default under the terms of the loan agreement and the loan facility. The Sum demanded was £2,184,242.89.

3.2 During February 2025, solicitors for Hope Capital and the Company tried to negotiate a settlement to the demand which did not materialise.

3.3. Hope Capital contacted this firm on 4 March 2025 to discuss the options available and it was proposed that Hope Capital wished to proceed with the appointment of Joint Administrators.

Administrators' statement of proposals (2025-05-20) · Companies House register

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J2RA Limited (09694682)

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