Aquapark Developments Limited (03888492): administration
- Status
- Administration ended
- Administration began
- 2024-05-20
- Administrators
- Hugh Francis Jesseman, William Antony Batty
- Administrators' firm
- Antony Batty
- Incorporated
- 1999-12-03
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- COVID-19
- Creditor pressure / legal action
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from our personal knowledge as Joint Administrators.
Aquapark Developments Ltd was incorporated on 3 December 1999 with one director Mr Stephen McDermott, who has over 47 years of experience in the construction industry from plastering and drylining, to refurbishments and building projects.
The Company commenced trading with funding from the sole director and a commercial mortgage with HSBC who provided funding to purchase properties for development.
Administrators' statement of proposals (2024-07-18) · Companies House register