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Doncaster Enterprise Park Limited (12523200): administration

Status
Administration ended
Administration began
2023-07-06
Administrators
Paul David Allen, Simon Peter Carvill-Biggs
Administrators' firm
FRP Advisory
Incorporated
2020-03-18
Location
London
Industry
41201 Construction of commercial buildings

From the administrators' statement

The Company was incorporated on 18 March 2020 as a special purpose vehicle for the purchase and development of the Property, which comprises approximately 2.5 hectares of land in Doncaster.

The Company acquired the Property from Oyster on 13 May 2020 for a consideration of £1,443,000. The Administrators understand that funding for the acquisition and development of the Property was provided by ACL under a joint venture agreement. ACL was itself a special purpose vehicle established to raise funds from investors to finance the Company’s acquisition and development of the Property.

The director has informed the Administrators that the funding received from ACL, net of funds used for the acquisition of the Property, was applied towards planning, consultants’ and other costs necessary for the development of the Property. The Administrators’ enquiries in this regard are ongoing.

Administrators' statement of proposals (2023-09-11) · Companies House register

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Doncaster Enterprise Park Limited (12523200)

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