Waldorf Production Limited (12149322): administration
- Status
- In administration
- Administration began
- 2024-06-12
- Administrators
- James Robert Tucker, Luke Wiseman
- Administrators' firm
- Interpath Advisory
- Formerly
- Waldorf Holdco Limited
- Incorporated
- 2019-08-09
- Location
- London
- Industry
- 64202 Activities of production holding companies
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Competition / price pressure
From the administrators' statement
Since its incorporation in 2019, WPL’s principal activities have been (and continue to be) acting as a holding company. The Company has no employees.
WPL has sixteen direct and indirect subsidiaries which together with WEPL and WEF form the Waldorf Group (the ‘Group’). The Group undertakes the exploration, development and production of crude oil, natural gas and natural gas liquids. The Group has participating interests in 21 oil and gas and development licences in the North Sea.
The statutory directors of WPL are Erik Brodahl, Jon Bard Skabo and Paul Martyn Roger Tanner. No previous directors acted in the past three years.
Administrators' statement of proposals (2024-07-18) · Companies House register