SAH (4) Limited (10898255): administration and why it failed

SAH (4) Limited (10898255): administration

Status: Administration ended
Administration began: 2020-03-18
Administrators: Arron Simon Kendall, Simon Robert Thomas
Administrators' firm: Moorfields
Incorporated: 2017-08-03
Location: London
Industry: 68100 Buying and selling of own real estate

Why it went into administration

Funding withdrawn / unable to refinance

From the administrators' statement

The Company was incorporated on 3 August 2017 with a view to develop 13 self-contained 1

bed apartments for assisted living (“the Site” or “the Properties”). Andrew Maclean is the sole

director. The Company took on loans from Fundingsecure Ltd and Heritage Square Limited (‘the Secured Creditors”). These charges have been detailed below.

Administrators' statement of proposals (2020-05-15) · Companies House register

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