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Natiso Developments Limited (12552137): administration

Status
In administration
Administration began
2024-08-02
Administrators
Philip Reynolds, David Paul Hudson
Administrators' firm
FRP Advisory
Formerly
Natiso Avanti Ltd
Incorporated
2020-04-08
Location
London
Industry
74990 Non-trading company

From the administrators' statement

The Company was incorporated in April 2020. The directors of the Company were and continue to be Raymond Eyre and Timothy Eyre.

In June 2021, Regera provided the Company with a loan facility of £31.35million for which the Company granted a fixed and floating charge debenture in favour of Regera which was created and registered at Companies House on 20 June 2021 and 1 July 2021, respectively (“the Regera facility agreement”).

The Company subsequently advanced funds under a subordinated unsecured loan agreement (“the Company loan agreement”) to the RDE Partnership (“the Debtor”), a partnership where one of the Company’s directors, Raymond Eyre, and his wife, Diane Eyre, were partners.

Administrators' statement of proposals (2024-10-02) · Companies House register

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Natiso Developments Limited (12552137)

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