# Melliss AVE Devco Limited (10970643)

> Why UK company 10970643 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10970643

- **Status:** Administration ended
- **Administration began:** 2023-07-06
- **Administrators:** Damian Webb, Glen Carter
- **Administrators' firm:** RSM
- **Incorporated:** 2017-09-19
- **Location:** London
- **Industry:** 41100 Development of building projects

## From the administrators' statement

The Company was incorporated in September 2017 as a special purpose vehicle (‘SPV’) to facilitate the development of a former Thames Waiter site at Melliss Avenue, Kew, TW9 4BD (‘the site’). The sole director of the Company is David Boulter.

Melliss Ave Midco Limited (‘the parent’) is the parent of the Company. Other companies within the group are, Melliss Ave Planco Limited, being the shareholder of the parent and Avalion Living Limited, being the ultimate parent company.

The Company acquired the site in December 2017 for c.£13m. The director advised that the purchase was funded by senior debt from Greenoak UK Secured Lending li S.A.R.L.((Greenoak’), mezzanine debt from Beaufort Ventures li (Jersey) Limited (‘Beaufort’) into the parent company and shareholder loans. Both Greenoak and Beaufort were granted security over the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10970643/filing-history/MzM5MDgzMjY2M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10970643

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.
