Whitefield Properties (UK) Limited (06664201): administration
- Status
- Administration ended
- Administration began
- 2014-04-24
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2008-08-05
- Location
- Manchester
- Industry
- 68320 Management of real estate on a fee or contract basis
Why it went into administration
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
From the administrators' statement
The Administrators’ statement of proposals for achieving the purpose of the administration which will be sent to creditors as soon as practicable will provide detailed information tn relation to the Company However, to assist creditors who may have a limited understanding of the Company and tts affairs to better understand the reasons for the pre-packaged sale, we have provided certain background information at this stage
The Company was incorporated on 5 August 2008 by David Whitefield and Tracy Whitefield, being the two directors and shareholders of the Company The business was formed to supply accommodation services for a growing demand in the rental sector and as the property market has recovered, the business has seen an upturn in demand on the sales side
Prior to the incorporation of the Company David Whitefield operated the business as a sole trader The Company commenced to trade initially from the directors home address and was subsequently moved and commenced to trade from leasehold premises at 1874 Leek Road, Milton in 2010 These were the main trading premises and registered office of the Company
Administrators' statement of proposals (2014-06-18) · Companies House register