L & N D Development and Design Limited (09410051): administration
- Status
- In administration
- Administration began
- 2018-08-08
- Administrators
- Adam Henry Stephens, Martyn Ewing
- Administrators' firm
- Evelyn Partners
- Incorporated
- 2015-01-28
- Location
- London
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 28 January 2015 for the purpose developing the land known as The Scatby Plains.
Following a prolonged period of planning applications, the Company commenced the initial approved build out of eight houses (“Phase 1”), along with the access road to the Development Site.
Planning permission was subsequently sought for the development of the land to the rear of 39 Scotby Road (“Phase 2”). Some initial building works were commenced, but there are no complete houses and no access road onto Phase 2.
Administrators' statement of proposals (2018-10-17) · Companies House register