Titan SWR Limited (09593163): administration
- Status
- Administration ended
- Administration began
- 2017-07-25
- Administrators
- Nicola Elaine Layland, Carl Derek Faulds
- Administrators' firm
- Leonard Curtis
- Formerly
- Emerge Developments Ltd
- Incorporated
- 2015-05-15
- Location
- Fareham
- Industry
- 41202 Construction of domestic buildings
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
1.1. The company was incorporated in May 2015 as Emerge Developments Limited ‘Emerge’. The company was established following the demise of Brookvale Homes (S.W.) Limited ‘Brookvale’ which was placed into administration in the same month.
1.2. The Brookvale management team set up Emerge to operate as a standalone vehicle. Brookvale had previously worked on design and build projects in the public and private sectors and had contracts with a number of housing associations.
1.3. The company traded from leasehold premises in Stoke Sub Hamdon, Somerset.
Administrators' statement of proposals (2017-09-20) · Companies House register