Intu Merry Hill Limited (FC036674): administration and why it failed

Intu Merry Hill Limited (FC036674): administration

Status: Administration ended
Administration began: 2020-10-08
Administrators: Alexander Williams, Simon J Edel, Stuart Arthur Gardner
Administrators' firm: KPMG
Incorporated: 2019-09-16
Location: St. Helier

Why it went into administration

COVID-19
Property / lease costs
Parent or group failure

From the administrators' statement

The Company’s principal business is that of a holding company and it is a non-trading entity.

The Company, through its subsidiaries, is the indirect owner of the Merry Hill Shopping Centre located in Brierley Hill, England, and certain associated properties (“the Properties’).

The Company and its subsidiaries (“the MH Group”) are part of the wider Intu plc.

Administrators' statement of proposals (2020-12-10) · Companies House register

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