- Thu May 04, 2023 12:53 pm
#61042
Yesterday this company executed a debenture in favour of Loxwood Holdings Limited.
The debenture covers:-
All that leasehold property known as sixways stadium, warriors way, hindlip, worcester, WR3 8ZE and land on the south east of six ways stadium, warriors way, hindlip, worcester all of which property is registered at hm land registry with title number WR204179 and WR204310 for more details please refer to the instrument.
Contains fixed charge.
Contains floating charge.
Contains negative pledge.
Loxwood Holdings appears to belong to Christopher Holland who is connected with Wasps Mark 2.
The debenture (known in my old trade as a fixed and floater) charges all the assets owned by Atlas, lock stock and barrel in support of finance provided by Loxwood / Holland.
We do not know how much the finance is, what happened - if anything - to the DCMS loan and who owns the freehold of the Stadium and the rest of the site.
But at the very least it does indicate that there is a very close relationship between Atlas and wasps Mark 2 - something which comes as rather a surprise.
The debenture covers:-
All that leasehold property known as sixways stadium, warriors way, hindlip, worcester, WR3 8ZE and land on the south east of six ways stadium, warriors way, hindlip, worcester all of which property is registered at hm land registry with title number WR204179 and WR204310 for more details please refer to the instrument.
Contains fixed charge.
Contains floating charge.
Contains negative pledge.
Loxwood Holdings appears to belong to Christopher Holland who is connected with Wasps Mark 2.
The debenture (known in my old trade as a fixed and floater) charges all the assets owned by Atlas, lock stock and barrel in support of finance provided by Loxwood / Holland.
We do not know how much the finance is, what happened - if anything - to the DCMS loan and who owns the freehold of the Stadium and the rest of the site.
But at the very least it does indicate that there is a very close relationship between Atlas and wasps Mark 2 - something which comes as rather a surprise.