Kilburn Developments Limited (10626397): administration
- Status
- Administration ended
- Administration began
- 2025-03-21
- Administrators' firm
- Mazars
- Formerly
- Clapham Common Developments Limited; Vauxhall Property Ventures Limited
- Incorporated
- 2017-02-17
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
- Rising interest rates
From the administrators' statement
In the following paragraphs, the Administrators provide their understanding of the events which preceded the appointment of Administrators, following their discussions with the Directors and the information available on the public record.
The Company was incorporated on 17 February 2017 by the previous directors, Phil Vickers and Daniel Finestein, under the name Vauxhall Property Ventures Limited. The name was changed to Clapham Common Developments Limited on 17 October 2017, and subsequently to its current name, Kilburn Developments Limited on 8 February 2018.
The Company was formed for the development of building projects and purchased the site with planning permission in 2018. The project overran both on time and cost, completing in 2021. The development had two blocks, one of 4 flats of affordable housing and the second of flats for the private market. The affordable flats were purchased at an early stage but the other flats did not sell so promptly.
Administrators' statement of proposals (2025-04-26) · Companies House register