From the administrators' statement

The Company was incorporated in January 2003 specifically for the acquisition, development and resale of property and land At the date of appointment of the Joint Administrators, the Company's principle and only known asset of significant value was commercial premises situated in Rainham, Essex (Unit 3)

Developments Is the holding company for three subsidiaries Pearistone Capital Limited and Pearlstone Corporation Limited are both dormant entities whilst the abbreviated accounts (March 2011) of Pearlstone Properties Limited indicate it to be balance sheet insolvent

Astructure chart of the Pearlstone Group ts presented below To date, all three of the subsidiary companies remain outside of any insolvency proceedings

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Pearlstone Developments Limited (04651946)

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