Wed, 05 Nov 2014 | ADMINISTRATION
A property development firm based in North West London, Lochforce Properties Limited, has been tipped into liquidation.
The company, which has seven outstanding charges according to Companies House, brought in liquidators from K S Tan & Co in mid-October. Development Finance Today discovered that the charges could relate to mortgages, loans or debentures registered to the company’s name.
Founded in February 1996 and with a registered office address in Surrey, Lochforce Properties was involved in developing building projects as well as letting and operating conference and exhibition centres.
Notes on the company from Datalog.co.uk reveal it had an annual turnover of £6.5 million or less, a balance sheet total of £3.26 million or less and had 50 or less staff members.
A notice to creditors requested that they send in their details with any claims or debts with a deadline of Friday 28 November.
On the London Gazette website, a note said: "This notice is purely formal. All known creditors have been or will be paid in full."
The site said the director had made a Declaration of Solvency, and the company is being wound up to "distribute the assets to the shareholders".
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Lochforce Properties in liquidation
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