Park House Bradford Limited (10879583): administration
- Status
- In administration
- Administration began
- 2025-02-28
- Administrators
- Edward Avery-Gee, Daniel Mark Richardson
- Administrators' firm
- CG&Co
- Incorporated
- 2017-07-24
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
3.1 Towards the end of 2023, the Company had not adhered to the terms of the loan obtained from KHK and it fell into default. Demand was served on both the Company and the Guarantor in October 2023.
3.2 During 2024 the long stop dates for the apartment sales began to pass.
3.3. Theconstruction work had not yet completed, and the Company was therefore unable to complete the sales.
Administrators' statement of proposals (2025-04-17) · Companies House register