4D Developments Limited (04049382): administration
- Status
- Administration ended
- Administration began
- 2011-08-30
- Administrators
- Timothy John Edward Dolder, Steven John Parker
- Administrators' firm
- RSM
- Incorporated
- 2000-08-08
- Location
- London
- Industry
- 4521
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Bad debts / customer insolvency
From the administrators' statement
4D Developments Limited was incorporated on 8 August 2000 with the Company Number 04049382 The Company was set up by its directors Mike Haberfield and James Anderson, who each owned a £1 share. The directors each had more than ten years expertence in the construction industry, and had obtained various relevant qualifications Having worked together in a previous construction firm they decided to set up thetr own business
The Company began trading shortly after incorporation, using an office at Consort House, Princes Road, Ferndown This was owned by a friend of the directors, and no rent was charged.
Initially the business was funded by the directors utilising their personal credit cards, repaying the debts owed fo them as and when receipts allowed. As the Company became more established, deposits were paid at the outset of contracts, which became self-funding.
Administrators' statement of proposals (2011-10-24) · Companies House register