# Ravensworth Properties Limited (01744165)

> Why UK company 01744165 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01744165

- **Status:** Administration ended
- **Administration began:** 2023-02-13
- **Administrators:** James Ronald Lumb, Howard Smith
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Tolent Homes Limited; Ironweb Limited
- **Incorporated:** 1983-08-04
- **Location:** Newcastle upon Tyne
- **Industry:** 68209 Other letting and operating of own or leased real estate

## Why it went into administration

- HMRC / tax arrears
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Weather / natural events

## From the administrators' statement

The Company was incorporated on 4 August 1983 and operated as a holding entity for investment properties within the Group.

unconnected tenants. The Company did not employ any staff; central functions were

provided to the Company by TCL. Our strategy has focused on securing the properties and maximising rental income whilst exploring relevant sale opportunities.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01744165/filing-history/MzM3NTAxNDI3N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01744165

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.