Regalpoint (Byfleet) Limited (10905975): administration
- Status
- In administration
- Administration began
- 2025-09-25
- Administrators
- Daniel Mark Richardson, Edward Avery-Gee
- Administrators' firm
- CG&Co
- Incorporated
- 2017-08-08
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
3.1 The secured creditor, Stamford issued a demand for the repayment of the loan facility which provided for the loan to be repaid by the end of October 2024. Following payment not being received, the Land and Property were placed on the market for sale in early 2025.
3.2 No formal offers were accepted in respect of the Land and Property during the marketing period and a further demand was served on the Company by Stamford in September 2025.
3.3. The demand for repayment remained unsatisfied and a Notice of Intention to Appoint Administrators was filed in Court on 19 September 2025, and following the expiry of 2 business days notice to all interested parties, a Notice of Appointment of an Administrator was filed in Court on 25 September 2025. Edward Avery-Gee and Nick Brierly were appointed Joint Administrators on the same date by the secured creditor Stamford.
Administrators' statement of proposals (2025-11-24) · Companies House register