# Hudson & Mcdonald Estates Ltd (04066621)

> Why UK company 04066621 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04066621

- **Status:** Administration ended
- **Administration began:** 2011-05-25
- **Administrators' firm:** EY
- **Incorporated:** 2000-09-06
- **Location:** Manchester
- **Industry:** 4521

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company is a property development company, and at the time of appointment of the Joint Administrators held three completed properties (‘the Property Portfolio’) consisting of 65 units which were either let out as investments (45 units) or where the long leasehold had been sold (20 units) The Company also held a further development (‘the Leasowe’) that is near to practical completion, consisting of 31 units, and two further freeholds All properties and freeholds are located in the North West of England

The Company was incorporated in September 2000 and was managed by its two directors and owners, Paul McKelvey and John Dillon In addition to the above properties, the Company had successfully developed a number of apartment blocks across the North West In previous years

The recent draft accounts show the following information relating to the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04066621/filing-history/MzA0MDczOTM2M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04066621

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