5 Churchill Place Management Company Limited (11281706): administration
- Status
- In administration
- Administration began
- 2023-05-23
- Administrators
- Ali Abbas Khaki, Matthew Boyd Callaghan, Andrew Johnson
- Administrators' firm
- FTI Consulting
- Incorporated
- 2018-03-28
- Location
- London
- Industry
- 68320 Management of real estate on a fee or contract basis
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Parent or group failure
- Rising interest rates
From the administrators' statement
m The property at 5 Churchill Place was built by Canary Wharf Group and opened in 2009. - — m Located at the gateway of Canary Wharf’s Wood Wharf district, 5CP comprises 320k square
Cheung Wang noes feet of lettable office accommodation over 12 floors with typical floor footprints of c.26k
BVI Company square feet. 100% m In April 2018, SCP was purchased by the Group for £268.8m and in April 2019, there was a hive up of SCP from the previous property company, Spencer Holdings Limited (also a BVI
Administrators' statement of proposals (2023-07-11) · Companies House register