Daventry Holdings Limited (10144348): administration
- Status
- Administration ended
- Administration began
- 2019-11-28
- Administrators
- Kevin Ashley Goldfarb, Stephen Hunt
- Administrators' firm
- Grant Thornton
- Incorporated
- 2016-04-25
- Location
- London
- Industry
- 64209 Activities of other holding companies n.e.c.
Why it went into administration
- Property / lease costs
From the administrators' statement
. The Company was incorporated on 25 April 2016 and was one of a group of
companies formed to exploit the production of energy from bio waste and was the vehicle used solely for the purpose of holding the head lease for the biomass site at Browns Road, Daventry, NN11 4NS. The Company took occupation of the land on 1 June 2016 and negotiated a 25 year head lease with the landlord, Burnham Landscapes Limited. The agreed rent for the Company's occupation was £115,000 plus VAT per annum plus an annual increase in rent — such increase being linked to the Retail Price Index (“RPI”).
The Company then sub-leased the site to Pedigree Power LLP and Henley Biomass Limited (“the subtenants”). The subtenants, Pedigree Power LLP and Henley Biomass Limited (later to be replaced by Kingfisher Water Treatment
Administrators' statement of proposals (2020-03-27) · Companies House register