# Evolve Developments Limited (04280304)

> Why UK company 04280304 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04280304

- **Status:** Administration ended
- **Administration began:** 2012-02-27
- **Administrators:** Julian Pitts, Robert Alexander Henry Maxwell
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Philip Gerard Properties (Ranmoor) Limited
- **Incorporated:** 2001-09-03
- **Location:** Leeds
- **Industry:** 7011

## Why it went into administration

- Rising costs / inflation
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was orginally incorporated in 2001 using an existing off the shelf company, Philip Gerard Properties (Ranmoor) Limited, to develop and sell real estate Christopher Cooke has been a director from incorporation The Company was dormant until February 2008 when It became known as its current name and undertook to complete its first development in Mosborough, Sheffield

The Company then purchased a development in Tapton, Sheffield in Spnng 2008 Despite intending to complete and sell the development, tt became apparent that the property market was in decline This, together with rising costs due to incorrect plans prepared for the Company on the development, put the Company under significant cashflow pressure

Although attempts were made to rectify the faults in the initial plans, the replacement plans produced were also incorrect, and, as a consequence, this led to further increased costs of carrying out additional works to complete the development

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04280304/filing-history/MzA1NjQ2ODM5MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04280304

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