A LANDMARK waterfront complex is in jeopardy after its developers failed to secure finance for the scheme more than two years after buying the plot.

Lead Asset Strategies (Liverpool), the company that owns the Princes Parade site, could also be struck off the Companies House Register in a matter of weeks.

And planning permission for the 360-apartment block and five-star hotel on the site – known as New World Square – expired last month.

But separate plans to build the UK’s biggest residential tower across Princes Dock are still on track.

The shock revelation comes just days before developer Peel is due to invite the public to view their £5.5bn plans to develop 150 acres of North Liverpool’s docklands.

Lead Asset Strategies (Liverpool) insists it is still trying to get bank loans so it can go-ahead with the project, which is part of the huge Liverpool Waters masterplan.

It has applied for the defunct planning permission to be reinstated and says luxury hotelier Langham is signed up to run the top-class hotel.

Victor Chowdhri, director of Lead Asset Strategies (Liverpool), told the Daily Post the firm was threatened with being struck off by Companies House after failing to file its accounts. He said this was an “error” and accountants were working on finalising and delivering the books.

According to Companies House records, the last time the firm filed accounts was February, 2009, when it lodged 2006 and 2007’s reports on the same day.

Three of the directors of Lead Asset Strategies (Liverpool) – but not Mr Chowdhri – were also directors of forerunner firm Lead Asset Strategies, which secured the sites’ initial planning permission in 2006, but was wound up by an official receiver in 2007.