Tell Stone Hill Park what you think!

stone hill park planning application

Stone Hill Park Ltd are accepting comments on their all new enhanced masterplan framework, which is currently being consulted at the grand total of two events in Thanet.

You can visit the website here.  The feedback form is at the bottom of the page.

As ever, the questions are heavily weighted in favour of their proposals, so be sure to make your thoughts known in the accompanying comments boxes.

Remember:  Manston Airport is designated for aviation only.  Please take this opportunity to let SHP know that their plans are not wanted nor needed.

UPDATED: The Great Strike Off

Trevor Cartner and Chris Musgrave, former owners of Discovery Park

It would appear that Trevor Cartner and Joseph (Chris) Musgrave have a better perception of their future in Kent than their spokesman, Ray Mallon. In the past few months, a number of their concerns have had applications for voluntary strike-off submitted.  Whilst not all of these are linked to Manston Airport, and the reasons for strike-off are not suggested, it would appear that they are starting to focus their attention – hopefully away from our Airport.

Strannex Ltd

This company was used as a placeholder for the ‘Stone Hill Park’ name before the Manston Airport site was handed over to the regeneration specialists.  It was listed for voluntary strike-off action last year, which was cancelled.  But now it is planned for strike-off again, of which action should complete after 18th September 2017.
Update (09/10/17):  Strannex Ltd was dissolved on 03 October 2017.

HUTC Ltd

The role this company plays is unclear, but its directors are Pauline Bradley and Trevor Cartner, and its shareholding is split between Cartner and Highland and Universal Investments Ltd (Pauline Bradley and Ann Gloag).  It features in the joint venture agreement for the Flaxby Park project.  Strike-off action should complete after 13th August 2017.
Update (17/10/17): Dissolved.

Adriatic Property Ltd

We doubt this company is linked to Manston, more than likely, an attempt to start dealing in property in Eastern Europe.  Trevor Cartner and one other listed as directors, with strike-off action due to complete after 25th September 2017.
Update (10/10/17): Dissolved.

Highland Global Transport Ltd

Of interesting note is this company, which has filed for Insolvency in Scotland.  With Pauline Bradley and Ann Gloag as directors, this company is the ultimate parent for all the operation surrounding Manston Airport, holding 100% of the shares in both Manston Skyport Ltd and Highland & Universal Land Ltd.  With this in mind, the sale of these shares will inevitably now form part of a liquidation package as part of the insolvency process, so we could potentially see new proxy owners of the concern.  We wait to see what happens with this…
Update (09/10/17):  Highland Global Transport Limited have transferred their shareholding in Manston Skyport Ltd to another of Ann Gloag’s investment vehicles, Gloag Investments Group Limited.  No action has yet been reported on the shareholding in Highland & Universal Land Ltd.
Update (09/11/18): Finally dissolved.

Legacy Real Estate Ltd

This company, directed by Cartner and Musgrave, had links to the Flaxby Park joint venture agreement.  Only incorporated in 2015, it was dissolved on 2nd May 2017.

and one to keep an eye on…

Bambino Land Trust.  Not a registered company, but has visible links to both Flaxby Park and Invicta Asset Management Ltd (which is an 80% shareholder in Stone Hill Park Ltd).  Corporate land trusts are often set up, at least according to Wikipedia, “to compile large tracts of land without arousing suspicion or alerting people to their plans (which would cause the asking price to rise)”.

You can stay up to date with the Manston Airport Organogram.  All of this information is freely available in the public domain from Companies House (external link).

SHP Accounts Filed

Trevor Cartner and Chris Musgrave, former owners of Discovery Park
Accounts filed

The 2015-16 accounts for Stone Hill Park Ltd, also known as Lothian Shelf (718) Ltd have been filed with Companies House.

The accounts can be viewed in full here.

Abbreviated balance sheet (at 31 Mar 2016)
 2016 2015 
££££
Fixed assets
Investments£300
Current assets
Stocks
Debtors
Cash at bank and in hand
£7,947,617
£726,314
£351,963
£7,375,855
£56,546
£500
£9,025,894£7,432,901
Creditors: amounts falling due within one year(£1,108,329)(£2,598,085)
Net current assets£7,917,565£4,834,816
Total assets less current liabilities£7,917,865£4,834,816
Creditors: amounts falling due after more than one year(£7,000,000)(£5,000,000)
Provisions for liabilities-(£500,000)
£917,865£665,184
Capital and reserves
Called up share capital
Profit and loss account
£100
£917,765
£100
(£665,284)
Shareholders' funds£917,865(£665,184)
Changes this year
  • The investment in the three holding name companies (Manston Park Ltd, Barnes Wallis Park Ltd and East Kent Sports Village Ltd) now represent a £300 investment and fixed asset cost for the accounting period
  • The accounts again confirm 100% ownership of the holding name companies
  • There is increased cashflow into the company this accounting period – mainly due to the income from the Department for Transport
  • Total assets less current liabilities have increased by £3,083,049 this accounting period
  • Net worth is now £917,865 (up £252,681)