# 5 MAY Street Ltd (09178442)

> Why UK company 09178442 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09178442

- **Status:** In administration
- **Administration began:** 2026-06-25
- **Administrators:** Andrew Little, Gillian Margaret Sayburn
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2014-08-15
- **Location:** Newcastle upon Tyne
- **Industry:** 68209 Other letting and operating of own or leased real estate

## From the administrators' statement

The Company was formed in August 2014 specifically to hold an investment property that had been crowd funded following a promotion by Crowd2Let Capital Ltd.

The initial investors purchased “shares” in the company based on a crowdfunded package price of £85,000. This covered the purchase price of the property, legal costs and an element of funds for decoration / refurbishment. The property purchase price registered at Land Registry was £73,500. This was recorded in

-3the initial accounts as £74,448 which is assumed to include some modest capital expenditure following acquisition of £948.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09178442/filing-history/MzUzOTM1MjMzOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09178442

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