TC Revalerstrasse LLP (OC422970): administration
- Status
- Administration ended
- Administration began
- 2021-11-19
- Administrators
- Lisa Jane Rickelton, Matthew Boyd Callaghan, Andrew Johnson
- Administrators' firm
- FTI Consulting
- Incorporated
- 2018-06-14
- Location
- London
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Over-expansion / investment not recovered
From the administrators' statement
TC Revalerstrasse LLP is a subsidiary of the ultimate parent company TCLGL. It is an intermediary holding company and a guarantor of the Group Facility Agreement. The Partnership held shares in an entity which ultimately owned a pre-construction development site in Germany.
Focussed Group Structure Brief History of the Partnership
m The Collective Group was founded in 2010 as a provider of co-living rental accommodation aimed at students and young professionals. It subsequently expanded by acquiring a number of co-living and mixed-use development sites across the UK, Ireland, Germany and
Administrators' statement of proposals (2021-12-01) · Companies House register