Ideal Residential SPV Limited (09918345): administration
- Status
- Administration ended
- Administration began
- 2019-10-04
- Administrators
- Sean Williams, Philip Deyes
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2015-12-16
- Location
- Leeds
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Funding withdrawn / unable to refinance
- Property / lease costs
- Bad debts / customer insolvency
- Rising interest rates
From the administrators' statement
Investment was incorporated on 11 November 2014 and SPV was incorporated on 16 December 2015. The Companies’ directors and shareholders are Mr Adam Mark Hosker and Mr Mehboob Ahmed Pervaz.
The registered office for both Companies was 31 Church Street, Pudsey, Leeds, LS28 7LD. The sole purpose of the Companies was to purchase and re-let 40 flats situated at Kingsdale Court, Seacroft, Leeds. The flats were split as follows between the Companies:
34 properties owned by Investment:
Administrators' statement of proposals (2019-12-12) · Companies House register