Credit Capital Corporation Limited (09407456): administration
- Status
- In administration
- Administration began
- 2026-03-10
- Administrators
- Steven Illes, Nimish Chandrakant Patel, Georgina Marie Eason
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2015-01-27
- Location
- London
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Creditor pressure / legal action
- Parent or group failure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the Proposals has been prepared based on a combination of the limited Company documentation available, information obtained from public sources, and correspondence received from and reviewed with third parties. It has not been prepared from my personal knowledge as Joint Administrator.
The Company was incorporated on 27 January 2015 under company number 09407456, with its registered office at 2nd Floor, 314 Regents Park Road, Finchley, London, N3 2JX. At the date of our appointment, the Company’s sole director was Mr Paresh Shantilal Raja. The Company formed part of a wider group of entities connected through common directorship under Mr Raja (the “Group’”).
The Company operated as a short-term, property-based lender to both individual and corporate borrowers. It maintained a loan facility with IKB Deutsche Industriebank AG (“IKB”), secured by a fixed and floating charge over the Company’s assets created on 30 April 2015. Funds drawn down under the IKB facility were advanced by the Company as secured loans to borrower entities within the Group. Based on the information available to us, each borrower entity was a special purpose vehicle (“SPV”) established for the purpose of acquiring and undertaking an individual property development.
Administrators' statement of proposals (2026-05-11) · Companies House register