Henley Homes Public Limited Company (03718331): administration
- Status
- Administration ended
- Administration began
- 2023-08-09
- Incorporated
- 1999-02-23
- Location
- Southampton
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Loss-making contracts / project overruns
From the administrators' statement
2.1. Creditors should note that, unless otherwise stated, this section of my proposals has largely been prepared based on information provided to me by the directors of the Company, or obtained from its records and from my contemporaneous personal knowledge.
2.2. Henley Homes ple (“PLC” or the “Company”) was incorporated on 23 February 1999 and operated as the holding Company for a number of businesses involved in property development and investment. The Company is controlled by Kashif Usmani and Tariq Usmani (“Directors” or the “Board”). The Company has 15,000 issued ordinary shares held in equal proportions by Tariq Usmani, Kashif Usmani and Shafiq Malik, a former director.
2.3. The Company has a number of wholly owned subsidiaries which have interests including property development, freehold investment, property management and operation of hotels. Please note that whilst interests are held in wholly owned subsidiaries, they may be referred to generally in this report as “Group” companies.
Administrators' statement of proposals (2023-10-12) · Companies House register