# EON Developments Limited (07393994)

> Why UK company 07393994 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07393994

- **Status:** Administration ended
- **Administration began:** 2017-11-23
- **Incorporated:** 2010-10-01
- **Location:** Ashby-de-La-Zouch
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

A creditor of the Company, Wilbuild Limited (“Wilbuild”), submitted an application for an Administration Order via Fletcher Day Solicitors in the High Court of Justice appointing Joint Administrators on 23 November 2017. The Administration Order was made following a full hearing to which all relevant parties were served notice by Wilbuild under the guidance of Fletcher Day. Mr Wadsted attended the hearing on 23 November 2017 on behalf of the nominee Joint Administrators in the Wilbuild’s application.

The monies claimed by Wilbuild in its application to place the Company into Administration amount to £125,618.88, which relates to work carried out developing properties at the Manor Farm Barns development in Greywell, Hampshire. As part of its application to place the Company into Administration Wilbuild stated that the Company appeared to be suffering from cash flow problems as soon as it started work in Greywell, which resulted in invoices going unpaid. There were also disputes arising over the quality of workmanship and suggestions that the original plans which had received planning approval had not been followed. ft is unclear which subcontractor working for the Company was responsible for the disputed work as more than one contractor was working on the site during the period in question.

The Company was incorporated on 1 October 2010 for the purpose of developing property with David Langford replacing the original director, John Hewitt on 12 October 2012. Mr Langford was the sole director of the Company until Mark Parmenter was appointed director on 26 June 2015, and was the sole director at the date the Administration Order was made as a result of Mr Parmenter resigning as a director on 12 September 2017. The Company operated successfully as a property developer until issues arose on the Manor Farm Barns development, using sub-contractors to complete works rather than employing any tradesmen directly.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07393994/filing-history/MzE5NzExMDQ4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07393994

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.