Alvis House Limited (10924030): administration
- Status
- Administration ended
- Administration began
- 2020-12-21
- Administrators
- Arron Simon Kendall, Milan Vuceljic
- Administrators' firm
- Moorfields
- Incorporated
- 2017-08-21
- Location
- London
- Industry
- 41100 Development of building projects
From the administrators' statement
Attached at Appendix Il is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.
The Company's Directors chose to explore alternative planning permissions following the purchase of the Property. As a result, the construction works on the Development were ultimately delayed until January 2020 and did not progress further than the demolition of certain of the existing buildings. Castle Trust subsequently lost confidence in the Company’s ability to complete the Development and proceeded to issue a demand letter on 17 September 2017 due to events of default taking place. The Company was unable to make payment following the demand.
On 21 December 2020, Arron Kendall and Simon Thomas of Moorfields were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by Castle Trust, the Qualifying Floating Charge Holder.
Administrators' statement of proposals (2022-09-20) · Companies House register