Lhbo Realisations Limited (10498924): administration
- Status
- In administration
- Administration began
- 2025-06-16
- Administrators
- James Alexander Snowdon, Georgina Marie Eason
- Administrators' firm
- FRP Advisory
- Formerly
- Octagon Broadoaks Holdings Limited
- Incorporated
- 2016-11-28
- Location
- London
- Industry
- 64203 Activities of construction holding companies
Why it went into administration
- Weather / natural events
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Company was incorporated as Octagon Broadoaks Holdings Limited on 28 November 2016. It acted as holding company and provided loans to fund development projects for both the luxury and mid-range residential markets, including the development at Broadoaks, Parvis Road, West Byfleet, KT14 6LY (“the Development Site”). The Development Site is owned through a wholly owned subsidiary, Octagon (Broadoaks) Limited (registered in Jersey). Please note that the Joint Administrators, Georgina Eason and James Snowdon, have also been appointed by Close Brothers Limited as Joint Fixed Charge Receivers over the Development Site, pursuant to a Deed of Appointment.
On incorporation, the directors were Timothy Banks (“TB” or “the Director’) and Colin Tutt.
Colin Tutt resigned as director on 31 March 2021, Nicholas Riggs (“NR”) was appointed director on 31 March 2021 and resigned on 19 December 2024. TB remains as sole director of the Company.
Administrators' statement of proposals (2025-08-14) · Companies House register