Pacalis (Edenbridge) Limited (11477106): administration
- Status
- In administration
- Administration began
- 2024-03-11
- Administrators
- Glyn Mummery, Robert Armstrong
- Administrators' firm
- FRP Advisory
- Incorporated
- 2018-07-23
- Location
- Brentwood
- Industry
- 55100 Hotels and similar accommodation
From the administrators' statement
Pacalis (Edenbridge) Limited was incorporated in July 2019 as part of a group of companies developing properties and land (please see Appendix A for the Group Structure).
Two companies within the group, BLCP Eden 1 Limited (“BE1L”) and BLCP Eden 2 Limited (‘BE2L”) had purchased and developed a golf course in Kent, including a number of new build properties on site, which were subject to a debenture in favour of Octopus Real Estate S.a.R.L (“Octopus”), who hold a fixed and floating charge. The loan for the group was made via Allouison Investments Limited (“AIL”), with guarantees and security provided by the Company, BE1L and BE2L.
It is understood that the Company's primary function was to act as a holding company.
Administrators' statement of proposals (2024-05-08) · Companies House register