Valley Estates South West Limited (10022750): administration
- Status
- In administration
- Administration began
- 2023-08-01
- Administrators
- Steven John Williams, Philip Harris
- Administrators' firm
- FRP Advisory
- Formerly
- Rydon Estates Limited
- Incorporated
- 2016-02-24
- Location
- Brighton
- Industry
- 68209 Other letting and operating of own or leased real estate
From the administrators' statement
The Company was incorporated in the name of Rydon Estates Limited on 24 February 2016 by Ian Mitchell. Mr Mitchell was the Company's sole director its sole shareholder was Pawinee Tipsila. A resolution was passed on 3 October 2017 changing the Company’s name to its current form. The Company’s directors and shareholders remain unchanged.
The Company has filed dormant accounts up to 28 February 2022. No accounts have been filed since that date.
On 3 November 2022 Farm Finance advanced the Company and Waterside the sum of £2.955m and registered a legal charge over the land and buildings known as Torridge Vale Ltd, Rolle Road, Torrington EX38 8AU being registered at the land registry with title number DN400282 and the freehold property known as land on the north-east side of Rolle Road, Torrington being registered at the land registry with title number DN313129 (“the Valley Land”). On the same day, the Company also granted a fixed and floating charge debenture to Farm Finance.
Administrators' statement of proposals (2023-09-26) · Companies House register