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BLCP Eden 2 Limited (11826634): administration

Status
In administration
Administration began
2024-03-11
Administrators
Glyn Mummery, Robert Armstrong
Administrators' firm
FRP Advisory
Incorporated
2019-02-14
Location
Brentwood
Industry
68100 Buying and selling of own real estate

From the administrators' statement

BLCP Eden 2 Limited was incorporated in February 2019 as part of a group of companies developing properties and land (please see Appendix A for the Group Structure).

The Company and BLCP Eden 1 Limited (“BE1L”) 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 PEL, BE1L and BE2L.

The debenture is dated 7 March 2022 and provides a cross guarantee across a number of the companies within the Group. This charge has been settled in full, however, it has not been satisfied at Companies House.

Administrators' statement of proposals (2024-05-24) · Companies House register

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BLCP Eden 2 Limited (11826634)

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