Cove Communities Venture 2 Springwood Opco Limited (14121462): administration
- Status
- In administration
- Administration began
- 2025-11-17
- Administrators
- Robert Andrew Croxen, Adam Paxton
- Administrators' firm
- Alvarez & Marsal
- Incorporated
- 2022-05-20
- Location
- Brighton
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Weak consumer demand
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Property / lease costs
- Rising interest rates
- Weather / natural events
From the administrators' statement
The Company, which was incorporated on 20 May 2022, operates the Springwood Holiday Park (“Springwood Holiday Park”). The Springwood Holiday Park is located in Kelso in the Scottish Borders.
As at the date of our appointment the Company employed 20 members of staff.
Funding and financial position of the Holiday Park Silo
Administrators' statement of proposals (2026-01-15) · Companies House register