Signature Victoria Mill Limited (10099833): administration
- Status
- In administration
- Administration began
- 2020-04-16
- Administrators
- Steven John Williams, Philip Lewis Armstrong
- Administrators' firm
- FRP Advisory
- Formerly
- Signature Imports Limited
- Incorporated
- 2016-04-04
- Location
- Preston
- Industry
- 55900 Other accommodation
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 4 April 2016 as a special purpose vehicle to acquire and develop the Property. As at the date of the Administrators’ appointment, Lawrence Kenwright was the Company's sole director.
The Property comprises a Grade 2* listed 19th-century former cotton spinning mill completed in 1869; as built, the Property is one half of a double mill with accommodation planned out over six stories together with a lower ground-floor basement. The ground-floor comprises offices and a walk-in medical centre for various divisions of the NHS, whilst the upper five floors are at various stages of development to create 85 residential apartments, with 20 one-bed units and 65 twobed units. The main mill is Freehold, whilst the Property’s designated car parking area is held on a long-leasehold basis.
Signature Victoria Mill Limited (in Administration) The Administrators’ Proposals
Administrators' statement of proposals (2020-06-17) · Companies House register