254 Kilburn HR LLP (OC414736): administration
- Status
- Administration ended
- Administration began
- 2020-12-07
- Administrators
- Arron Simon Kendall, Milan Vuceljic
- Administrators' firm
- Moorfields
- Incorporated
- 2016-11-22
- Location
- London
From the administrators' statement
Moorfields Advisory were approached by OakNorth Bank Plc regarding their available options in light of the £25.52m debt owed by the LLP. It was agreed that placing the LLP into Administration and completing the development in order to sell the flats, would result in a better result for the creditors as a whole than would be likely to be achieved if the LLP were wound up (without first being in Administration).
Attached at Appendix II is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.
On 7 December 2020, Arron Kendall, and Simon Thomas of Moorfields were appointed Joint Administrators of the LLP following the filing of a Notice of Appointment of Administrators by the Qualifying Floating Charge Holders.
Administrators' statement of proposals (2021-02-01) · Companies House register