KEY Homes Barking Limited (07404612): administration
- Status
- Administration ended
- Administration began
- 2014-04-11
- Administrators' firm
- Antony Batty
- Incorporated
- 2010-10-12
- Location
- Bolton
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
Key Homes Barking Limited (“The Company”) was incorporated and registered in England and Wales on 12 October 2010 with company number 07404612, the registered office was at the time of the administration at c/o McClure Narsmith LLP, 47 King William Street, London EC4R SAF
The Company was one of a group of Companies set up or acquired by Mr Rafik Patel for the ostensible purpose of attracting investment in a number of construction projects, including four proposed hotels in London and three student accommodation bdiocks in Bradford, Birmingham and Leicester Mr Patel was the sole director of the Company from its incorporation until S April
This Company was to develop a site in Barking and acquire one in Wembiey with the intention of selling tong leases of specified rooms within the proposed buildings to mvestors in the UK and internationally, through various sales agents The idea was that the investors would receive rental income under each tong lease once the relevant project was completed
Administrators' statement of proposals (2014-06-18) · Companies House register