From the administrators' statement

431 In July 2015, the Company entered into a construction contract with Mortimer Construction and Scaffolding Limited (“Mortimer Constructions”) for the development of nine four-bedroom town houses. The original contract value with Mortimer Constructions amounted to £2,070,000.

4.3.2 The development of the Site was to be funded interalia by the Penfold Motors Retirement and Death Benefit Scheme (“PM Retirement Scheme”) together with funds from both of the Directors through their respective companies, Dito Developments Limited

(“Dito”) and Portwish Limited (“Portwish”").

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Old Manor Homes Limited (09599839)

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