FIT Property Group Limited (06431805): administration and why it failed

FIT Property Group Limited (06431805): administration

Status: Administration ended
Administration began: 2017-05-25
Administrators: Paul Andrew Whitwam, David Antony Willis
Administrators' firm: BWC Business Solutions
Formerly: FIT Property Student Lettings Limited; Ulet.Co.Uk Limited
Incorporated: 2007-11-20
Location: Leeds
Industry: 68320 Management of real estate on a fee or contract basis

Why it went into administration

Competition / price pressure

From the administrators' statement

5.1

5.2

The Company's sole director, Ashley Tate, (“the Director’) has provided the following background to the Company and the reasons for the appointment of Administrators.

Administrators' statement of proposals (2017-08-10) · Companies House register

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FIT Property Group Limited (06431805): administration

Why it went into administration

From the administrators' statement

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FIT Property Group Limited (06431805)