# Bricksave Holding UK Limited (09649987)

> Why UK company 09649987 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09649987

- **Status:** Administration ended
- **Administration began:** 2016-04-21
- **Administrators:** Paul Steven Cooper, Stephen Mark Katz
- **Administrators' firm:** Antony Berg of Williams & Partners
- **Incorporated:** 2015-06-22
- **Location:** London

## Why it went into administration

- Regulatory change or action

## From the administrators' statement

The Company’s sole trading activity was that of the development, hosting and maintenance of the website www bricksave com, which is a Real Estate Crowdfunding platform

Real Estate Crowdfunding allows money to be collectively raised from many investors and used to fund the purchase/construction of a property Investors own a percentage of the property in proportion to their initial investment The benefit for imvestors is access to the real estate market with relatively small amounts of money The website targets the Latin American market and it 1s evident that the properties are sourced internationally The website 1s available in English, Spanish and Portuguese, and went live on 14 November 2015

Investors were presented with opportunities to collectively buy properties on a buy-tolet basis, collect a proportional share of the rental come, as well as a share of the capital gains once the property is sold

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09649987/filing-history/MzE1MTMzODQ3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09649987

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.