Trehaddle Developments SW Ltd (06282391): administration
- Status
- Administration ended
- Administration began
- 2012-10-26
- Administrators
- Andrew Martin Sheridan, Gareth Rutt Morris
- Administrators' firm
- FRP Advisory
- Incorporated
- 2007-06-18
- Location
- Bristol
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
Trehaddie Developments SW Limited was incorporated on 18 June 2007 and jointly owned by Mr P A Chapman, Mr G S Burt and Mr L J Taylor. The Company was set up to acquire a piece of land, subject to planning, next to Falmouth Golf Club, to devetop 12 holiday units for sale
The holiday units consist of seven barn conversions and five new build timber frame dwellings located at Pennance Barns, Golden Bank, Falmouth, Cornwall TR11 SBH.
Following completion of the development, the Company sold the leaseholds of three of the barns. However, due to the recession, the Company failed to sell the remaining barns and as a result took the decision to market the barns as furnished holiday lets until the market recovered.
Administrators' statement of proposals (2012-12-17) · Companies House register