Darimar Limited (05684700): administration
- Status
- Administration ended
- Administration began
- 2011-08-23
- Incorporated
- 2006-01-23
- Location
- Norwich
- Industry
- 4521
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated on 23 January 2006 The directors on incorporation were Dann Scales and Mark Bedford. The Company was set up to develop both new build and refurbishment properties, whilst being based from premises at 2 Hobland Bams, Hobland Road, Bradwell, Great Yarmouth, Norfolk, NR31 9BS
There were no other employees or sub contractors aside from the directors and they traded from the home address of Mr Scales Between 2006 and 2008 the Company developed new build properties at Beccles Road, including one refurbishment property Dunng this period Mr Bedford resigned as director and sold his shareholdings to Mr Scales
A property at White Street, Martham purchased in 2009 was due to be developed into 3 detached dwellings However it transpired that due to the continuing slump due to the economic climate, the property would have made a loss and the development did not go ahead Having purchased the property in December 2009, tenants were not found until May 2011 This extensive period of vacancy negatively affected the Company's cash-flow despite showing a profit for the year ending 2010
Administrators' statement of proposals (2011-10-26) · Companies House register