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Trippet Court Limited (12130742): administration

Status
In administration
Administration began
2025-07-04
Administrators
Edward Avery-Gee, Daniel Mark Richardson
Administrators' firm
CG&Co
Incorporated
2019-07-31
Location
Manchester
Industry
41100 Development of building projects

Why it went into administration

From the administrators' statement

3.1 The secured loan facility with GF had been in default for some time and following the passing of the long-stop date that had been extended from 30 September 2023 to 31 March 2024, in addition to the agreed sales of the land not proceeding, GF issued a demand to the Company for repayment of the balance.

3.2 |The demand for repayment remained unsatisfied and in addition GF were aware that a winding up petition had been presented against the Company by a deposit creditor.

3.3. GF subsequently made an application to Court on 30 June 2025.

Administrators' statement of proposals (2025-09-02) · Companies House register

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Trippet Court Limited (12130742)

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