Astbury Estates LLP (OC385046): administration
- Status
- Administration ended
- Administration began
- 2017-10-04
- Administrators
- Alastair Massey, Anthony John Wright
- Administrators' firm
- FRP Advisory
- Incorporated
- 2013-05-10
- Location
- London
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
The Companies and LLP form part of a group of related entities which, together with Ken Downingm hold an interest in three parcels of land; (i) land known as Astbury Hall, (ii) the land known as land lying to the south of 15 Astbury Falls and land known as land lying to the north-east of Tinswell House.
The Land is subject to Fixed Charge Receivership and Alastair Rex Massey and Steven Martin Stokes are also the receivers of the Land. Together, the Companies, LLP and the Land comprise the Astbury Golf Course which sits within over 300 acres of land in Bridgnorth, Shropshire. The freehold land known as Astbury Hall, is operated on by KDL as lessee and is owned by the director, Ken Downing.
Additionally, KDL is the lessee of the freehold land known as land lying to the northeast of Tinswell House, owned by LLP, and land known as land lying to the south of 15 Astbury Hall, owned by AHEL. The Land is s@cured by way of mortgage granted to the Secured Lender.
Administrators' statement of proposals (2017-12-08) · Companies House register