# Tunham Limited (09908638)

> Why UK company 09908638 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09908638

- **Status:** In administration
- **Administration began:** 2025-08-15
- **Administrators:** Matthew Mills, James Saunders
- **Administrators' firm:** Advisory
- **Incorporated:** 2015-12-09
- **Location:** London
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

KR8 were approached by Octopus, the first ranking Secured Creditor on 3 March regarding a possible appointment of Administrators given that the Company had breached its covenants and there was a desire to gain control of the Development, as well as explore other possible avenues of recovery.

Various conversations were held with Octopus regarding the appropriate timing of the appointment, with Octopus expressing a desire that the appointment be made following the disposal of all residential elements of the Development, as set out above.

The Company completed the sale of its final residential unit in July 2025 and, shortly thereafter, Octopus appointed the Joint Administrators in accordance with their power under their OFC. The appointment was made on the Appointment Date.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09908638/filing-history/MzQ4NTUxMTU4MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09908638

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