Extentia Group Limited (09511322): administration
- Status
- Administration ended
- Administration began
- 2020-02-28
- Administrators
- Charles Graham John King, Samuel James Woodward
- Administrators' firm
- EY
- Formerly
- Central Square Holdings Limited; Knaresborough Investments (VC1) Limited
- Incorporated
- 2015-03-26
- Location
- Leeds
- Industry
- 64303 Activities of venture and development capital companies
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Loss-making contracts / project overruns
From the administrators' statement
The business, which was headquartered in Sale was a non-trading group holding company within the Extentia Group.
Extentia Group was formed in March 2018 via the merger of Styles & Wood Group Limited (formerly Styles & Wood plc} and Southerns Group Limited. The formation of Extentia Group was designed to amalgamate c.11 businesses each specialising in different areas of the built environment to provide customers with a broad range of services in relation to real estate assets.
All trading activity with the Group’s external customer base was carried out by other Group entities. Given the diverse range of services provided, the Group was relatively disaggregated in nature, however the Company's primary function was to provide certain central Group services.
Administrators' statement of proposals (2020-05-11) · Companies House register