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Otterpool Park LLP: £2.2m Interest Owed on £24m Folkestone & Hythe District Council Loans
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Otterpool Park LLP: £2.2m Interest Owed on £24m Folkestone & Hythe District Council Loans
Otterpool Park LLP—the master-developer vehicle wholly controlled by Folkestone & Hythe District Council—has leaned ever more heavily on council loans while tangible progress on homes remains distant. The LLP’s Companies House accounts show “loans and other debts due to members” (i.e., to the Council) rising from £1.44m (31 Mar 2022) to £8.08m (2023), £16.10m (2024) and £23.98m (2025). The council’s own Draft Statement_of_Accounts_for 2024/25 c…
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