Martin-Saunders Property Services Limited (04756179): administration
- Status
- In administration
- Administration began
- 2026-09-22
- Administrators
- Emily Louise Oliver, Dean Anthony Nelson
- Administrators' firm
- PKF SC Advisory
- Formerly
- Cobb Property Ltd; Cobb Lettings Ltd
- Incorporated
- 2003-05-07
- Location
- Derby
- Industry
- 68310 Real estate agencies
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
3.1. As detailed in the Directors’ background of the Company, there were a number of issues that led to the Company’s insolvency, including:
• Asignificant slowdown in property transaction levels between 2022 and 2024 following the heightened activity experienced during the post-Covid-19 period;
• Increased staffing, PAYE and general operating costs, which placed sustained pressure on profitability;
Administrators' statement of proposals (2026-10-08) · Companies House register