# Enfranchisement & Leasehold Solutions Ltd (04577951)

> Why UK company 04577951 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04577951

- **Status:** Administration ended
- **Administration began:** 2013-01-22
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Enfranchisement Leasehold Solutions Ltd; Enfranchisement Solutions Ltd
- **Incorporated:** 2002-10-31
- **Location:** Salisbury
- **Industry:** 74909 Other professional, scientific and technical activities n.e.c.

## Why it went into administration

- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated on 31 October 2002 and provided a specialist, comprehensive service for lessees to acquire the freehold of their property under legislation introduced in 2002 The greatest part of their work was Collective Enfranchisement which enabled leaseholders within a block of flats to purchase the freehold, plus any intervening leasehold interests

The reasons for the Company's insolvency

The Company began to experience financial difficulties as a consequence of a fall in tumover due to lessees being reluctant to acquire the freehold of their properties and the increasing difficulty of remaining projects which led to a number of disputes with other professionals used in the collective enfranchisement process

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04577951/filing-history/MzA3NDk3NTA1MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04577951

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