# Dlux Developments Ltd (10822258)

> Why UK company 10822258 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10822258

- **Status:** Administration ended
- **Administration began:** 2022-10-14
- **Administrators' firm:** Moorfields
- **Incorporated:** 2017-06-16
- **Location:** London
- **Industry:** 41100 Development of building projects

## From the administrators' statement

The Company was incorporated on 16 June 2017 and carries on the business of property developers. The Company purchased the Land on 1 October 2019 for £892,000 subject to an overage agreement, secured by way of legal charge created on 1 October 2019.

The Company entered into negotiations with a local housing association, Torridge District Council, Devon County Council and the beneficiary of an overage agreement, to agree terms under section 106 of the Town and Country Planning Act 1990 (“S106”), for affordable housing in order to increase the existing planning permission to 70 dwellings, with 50 private homes and 20 affordable houses. As at the date of Administration, the S106 agreement has not been finalised and the uplift in planning has not been granted.

2.2 Overview of Financial Information

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10822258/filing-history/MzM2MTM4NjU2N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10822258

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