Empire TBR Limited (10313519): administration
- Status
- Administration ended
- Administration began
- 2023-01-30
- Administrators
- Timothy John Edward Dolder, Trevor John Binyon
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2016-08-04
- Location
- Milton Keynes
- Industry
- 68320 Management of real estate on a fee or contract basis
Why it went into administration
- Creditor pressure / legal action
- Weather / natural events
From the administrators' statement
3.1 Following on from the above, a possession order was obtained by Turnkey, at a hearing at which the Company was not represented. Opulence were legally obliged to leave the site and the Brydg loan was defaulted.
3.2 In December 2022, following on from their possession order, Turnkey took possession of the site with a bailiff present.
3.3 Turnkey also presented a Winding Up Petition against the Company, at which stage the largest secured charge holder, Brydg, took steps to present a creditors’ petition to the High Court for the Company to enter Administration.
Administrators' statement of proposals (2023-03-31) · Companies House register