Quality Homes(Nw) Limited (05900604): administration
- Status
- Administration ended
- Administration began
- 2011-06-09
- Administrators
- Paul Stanley, Jason Dean Greenhalgh
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2006-08-09
- Location
- Cardiff
- Industry
- 4525
From the administrators' statement
This bnef Company History has been taken from a short statement provided by Mr Ashcroft The official statement has not been received
The Company purchased land and applied for planning permission for 14 apartments and 15 houses through KDP Architects Limited, KDP were hired in August 2007 by the directors to contro! the building project There were quite a few problems with the apphcation for planning permission and the process was taking over a year Mr Wyatt became disillusioned with the project and found that the land was losing value due to the general economic climate He wanted to sell the land before obtaining planning permission, however
he discovered that the land was worth less than the loan secured against it Mr Wyatt decided that he did not want to be involved in the project and Mrs Ashcroft agreed to become shareholder and run the project alongside Mr Ashcroft.
Administrators' statement of proposals (2011-07-26) · Companies House register