# South Chase Newhall Limited (05716016)

> Why UK company 05716016 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05716016

- **Status:** Administration ended
- **Administration began:** 2012-03-23
- **Administrators:** Paul David Allen, Philip Lewis Armstrong
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2006-02-21
- **Location:** London
- **Industry:** 7011

## Why it went into administration

- Funding withdrawn / unable to refinance
- Property / lease costs

## From the administrators' statement

The Company was incorporated in 2006 and setup as a Special Purpose Vehicle (“SPV”) for the development of 81 houses and apartments at Newhall, near Harlow, Essex. The properties are low carbon, environmentally friendly, module units constructed on a green belt site. The aim of the Project was to offer a range of environmentally friendly affordable housing direct to the private sector.

The Company is part of a wider group of companies. The development was managed by an associated Company, Renascent Developments Limited (‘Renascent”) who ts also a shareholder of the Company.

The Company traded from Newhall and as at the date of administration employed 3 members of staff and several sub-contractors. Subsequently, these 3 members of staff were made redundant.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05716016/filing-history/MzA1Nzk0NjI3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05716016

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