# Berkshire Homes (Northern) Limited (07979711)

> Why UK company 07979711 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07979711

- **Status:** Administration ended
- **Administration began:** 2018-02-16
- **Incorporated:** 2012-03-07
- **Location:** Milton Keynes
- **Industry:** 41202 Construction of domestic buildings

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

In May 2016, the Company received a demand from an associated company, NVC, for the repayment of £750k, in respect of a property which was purportedly transferred at an undervalue, pursuant to section 238 of the Act. This demand was brought by FB, acting on behalf of Dean Anthony Nelson and Nicholas Charles Osborn Lee of SC, being the Joint Liquidators of NVC.

In addition to the above claim, in January 2017 NVC advised that there was an intercompany debt amounting to c.£6.4m which comprised of:-

. Claims pursuant to sections 238 and 239 of the Act, relating to the transfer and purported ownership of a number of properties; and

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07979711/filing-history/MzIwMzY2OTg4NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07979711

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