Valentine Conveyancers Limited (06330564): administration
- Status
- Administration ended
- Administration began
- 2025-08-14
- Administrators
- Sukhvinder Kaur Bains, Mark Upton
- Administrators' firm
- Ensors Accountants
- Incorporated
- 2007-08-01
- Location
- Cambridge
- Industry
- 69102 Solicitors
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Rising costs / inflation
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Regulatory change or action
From the administrators' statement
The Company had an agreed overdraft with the Bank of £63,000. The Bank have the benefit of a debenture which was created on 25 January 2011 and registered at Companies House on 29 January 2011. The Bank allowed the Company to continue trading within the agreed overdraft facility whilst the accelerated sales process was concluded.
The Company provided residential property conveyancing along with some commercial conveyancing. The Company is licensed by the Council for Licensed Conveyancers (CLC). The Company had two trading premises, one in Haverhill under a tenancy at will / short-term agreement and the another office in Sudbury with a 6-year lease ending January 2026. The Sudbury lease was in the directors’; Karen Young and Paul Villars personal names.
The Company had three fee earners, two were the Directors, Karen Young (also a major shareholder) and Lorraine Swann (non-operational, ad-hoc work only director) and 1 trainee. In total the Company employed 8 staff members. Paul Villars was also an active director and decision maker along with being a major shareholder. Adrian Bayford, was a 25% shareholder and also a creditor who had lent the money funds to keep afloat since 2023. There was 1 share held by the previous owners family, the Valentines (Jennfier Valentine, Alison Valentine, James Scott Valentine, Helen Valentine-Gudge).
Administrators' statement of proposals (2025-08-27) · Companies House register