16 Bishop Ltd (15851868): administration
- Status
- In administration
- Administration began
- 2025-11-18
- Administrators
- Gordon Thomson, Lee Van Lockwood
- Administrators' firm
- RSM
- Incorporated
- 2024-07-22
- Location
- Leeds
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
16 Bishop Ltd (‘the Company’) was incorporated on 22 July 2024 and operated as a property holding vehicle, primarily focused on the acquisition and disposal of high-end residential real estate. Prior to the appointment of the Joint Administrators, the sole director of the Company was Damian Gherscovic, who was appointed in August 2025 following the commencement of bankruptcy proceedings in respect of the former directors, Gabriel Gherscovic and Gabriele Gherscovic. Gabriel Gherscovic is also the sole shareholder of the Company.
The Company’s primary asset is a residential property known as High Trees, 16 White Lodge Close, The Bishops Avenue, London, N2 OBJ (‘the Property’). The Joint Administrators understand that the Property is the Company’s sole asset acquisition since incorporation.
In November 2024, the Company secured funding from GB Bank Limited (‘GB Bank’) in the amount of £11,200,000 and 3R Investments Ltd (‘3R Investments’) in the amount of £500,000. Both GB Bank and 3R Investments have fixed charge security over the Property in accordance with the terms of their registered legal charges.
Administrators' statement of proposals (2026-01-15) · Companies House register