From the administrators' statement

The Company was incorporated on 17 May 2017 with the sole purpose of constructing commercial and domestic buildings. The main asset of the Company is a part complete freehold development located at Kingsway House, Hatton Garden, Liverpool L3 2AJ (“the Development”).

The Company purchased the Development in October 2017 for £3,482,500. The gross development value (“GDV’) is anticipated to be £17,030,000.

The build-out of the Development endured significant costs and time overruns, and on 8 August 2022, Lyell Trading Limited t/a Blackfinch (“Blackfinch”), appointed Georgina Eason and Michael Sanders of MHA Macintyre Hudson (“MHA”) as Joint Receivers of the Development under its fixed charge.

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Kingsway SLG Limited (10774334)

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