ST James's Croydon LLP (OC322807): administration
- Status
- Administration ended
- Administration began
- 2011-03-31
- Administrators' firm
- Deloitte
- Incorporated
- 2006-10-02
- Location
- London
From the administrators' statement
The business was established on 2 October 2006 as a property investment and development Limited Liability Partnership The sole business of the LLP was the development of the lylo scheme and onward sale of apartments, car spaces, and other amenities within the development
The LLP was financed by a combination of external bank debt, ultimately supplied by the Secured Lender, and a member's loan from SJC Property Investment Ltd
The facilities provided by the Lender consist of a £9m acquisition term loan and a £30m development term loan under an agreement dated 30 May 2007 As at 31 March 2011 the LLP had drawn down a total of £26 57m under these facihties
Administrators' statement of proposals (2011-06-03) · Companies House register