# Acorn Properties (North) Limited (04661208)

> Why UK company 04661208 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04661208

- **Status:** Administration ended
- **Administration began:** 2012-07-06
- **Administrators:** Julian Pitts, Adrian Graham
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2003-02-10
- **Location:** Sheffield
- **Industry:** 43290 Other construction installation

## Why it went into administration

- Creditor pressure / legal action
- Competition / price pressure

## From the administrators' statement

The Company was incorporated in February 2003 by Paul Cooke and Rachel Adams to develop existing properties or purchase vacant land to develop new properties Mr Cooke had previous expenence working for a large construction company before the Company was incorporated

Finance was onginally injected into the Company from both the directors who invested £30,000 each Any property purchases were also secured through lending facilities available from various banks

Initially the Company purchased tts first property for £68,000 and sold for over £100,000 There was no maximum purchase price paid for the properties and the price would vary given the type of development The highest purchase was for four houses which totalled £900,000

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04661208/filing-history/MzA2Mjg5NjY3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04661208

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