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Maryfield Ltd (12484421): administration

Status
In administration
Administration began
2025-06-06
Administrators
James Sleight, Paul David Williams
Administrators' firm
PKF
Incorporated
2020-02-26
Location
Leeds
Industry
68209 Other letting and operating of own or leased real estate

Why it went into administration

From the administrators' statement

The Company was incorporated as Maryfield Limited on 26 February 2020. On incorporation the sole director was Sanjay Datwani and he remains the only director.

The Company’s nature of business was the letting and operating of owned or leased real estate. On 13 January 2022 the Company purchased the heritable property of three student accommodation flats known as Flat 1, Flat 13 and Flat 17, Block C, 17 Hawkhill, Dundee, DD1 5DL (“the Properties”). The Company appears to have obtained the original funding from Spf Bridging Limited and Galloway Property Holdings Limited in order to purchase the Properties and granted both with fixed charges in relation to the respective borrowings.

Subsequently, on 28 March 2024, the Company made a refinancing agreement with Streambank PLC (“Streambank”). Companies House filing shows that Streambank were granted a fixed and floating charge against the Properties and the charges registered in favour of Spf Bridging Limited and Galloway Property Holdings Limited were satisfied.

Administrators' statement of proposals (2025-08-05) · Companies House register

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Maryfield Ltd (12484421)

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