# GB Development Solutions Limited (05704769)

> Why UK company 05704769 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05704769

- **Status:** Administration ended
- **Administration began:** 2015-03-23
- **Administrators:** Francis Graham Newton, Antony David Nygate
- **Administrators' firm:** BDO
- **Formerly:** GB Property Services (UK) Limited
- **Incorporated:** 2006-02-10
- **Location:** London
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Funding withdrawn / unable to refinance
- Loss-making contracts / project overruns

## From the administrators' statement

GBDS’ principal activities

GBDS was incorporated on 10 February 2006

GBDS 1s a 100% subsidiary of GB Group Holdings Limited (‘GBGH’) and forms part of the wider GBGH group of compames (‘the Group’). GBDS’s primary activities were the Provision of property development and project management services GBDS focussed its activities pnmarily around development contracts for hotels, care homes and residential properties.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05704769/filing-history/MzEyNDc0NTQ5OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05704769

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