Quayside West Limited (11216370): administration
- Status
- Administration ended
- Administration began
- 2023-07-10
- Administrators
- Benjamin Stanyon, Nedim Patrick Ailyan
- Administrators' firm
- FRP Advisory
- Formerly
- Newby Land123 Limited
- Incorporated
- 2018-02-21
- Location
- Orpington
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company is a private limited company registered in England & Wales under company number 11216370. It was originally incorporated on 21 February 2018 under the name Newby Land123 Limited.
The Company is an SPV, incorporated to acquire the Site, which comprises an 18.38acre parcel of freehold land in Newcastle upon Tyne. The Site forms part of a 7.9ha former Brownfield industrial site known as Calders Leadworks which has been vacant and undeveloped since 20072.
The Company, alongside stakeholders related to surrounding land parcels, submitted a planning application in 2018 for a mixed-use redevelopment of the land.
Administrators' statement of proposals (2023-09-11) · Companies House register