# Futurist Developments Ltd (03499725)

> Why UK company 03499725 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03499725

- **Status:** Administration ended
- **Administration began:** 2011-06-24
- **Formerly:** Skelhorne Developments Limited
- **Incorporated:** 1998-01-27
- **Location:** Manchester
- **Industry:** 7011

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated on 27 January 1998 Statutory information on the Company and a summary of tts financial position is included at Appendix 1

The Company historically traded as a property developer. The only tangible assets of the Company are a group of properties based in Lime Street, Liverpool which consists of a mixed use of commercial and retail properties. The properties are part of a wider development invalving Liverpool City Council

Due to the lack of co-operation from the Company and tts inability to service the interest on Its borrowing facilities, the Bank appointed an LPA Receiver over all of the Company’s properties in September 2009 The LPA Receiver ts still in office.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03499725/filing-history/MzA0MjQ1Njk0NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03499725

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