# Demontfort Property Co Limited (05054037)

> Why UK company 05054037 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05054037

- **Status:** Administration ended
- **Administration began:** 2011-10-25
- **Administrators:** Paul Stanley, Jason Dean Greenhalgh
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2004-02-24
- **Location:** Manchester
- **Industry:** 7012

## From the administrators' statement

The director has provided the following history of the Company

Demontfort Property Co Ltd was incorporated 24 February 2004 under registration 05054037 and secured a loan with Yorkshire Bank to purchase the site at Spencefield Lane, Leicester in 2005 and went on to purchase the adjacent land in 2006 Plans were submitted for 3 bungalows and 2 detached houses Dunng this period the Company secured sites at Woodland Avenue, Leicester and Village Street, Derby along with the shops at 99 Hinckley Road and 146-152 Hinckley Road, Leicester

Dunng this penod the Company secured planning on the sites and instructed builders to commence building the site at Spencefield Lane This site should have been completed within 12 months, but due to Yorkshire Bank frequently refusing to release funds on application, the builder was understandably frustrated which caused needless delays Consequently, this project dragged on and on which meant the Company was never in a position to complete the project and sell the houses, thus allowing the Company to move on to other projects.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05054037/filing-history/MzA0OTc5NjQyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05054037

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