# DMR Homes Ltd (10998566)

> Why UK company 10998566 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10998566

- **Status:** Administration ended
- **Administration began:** 2019-12-02
- **Administrators:** Paul Ellison, Gareth Wyn Roberts
- **Administrators' firm:** KRE Corporate Recovery
- **Incorporated:** 2017-10-05
- **Location:** 1-7 King Street
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Property / lease costs
- HMRC / tax arrears

## From the administrators' statement

In or around December 2018, the Company purchased a derelict pub, The Coach House, in Stoke-on-Trent and converted this into an 11-bedroom House of-Multiple Occupancy (“HMO”).

This purchase and conversion was principally funded through a bridging loan for the sum of approximately £380,000, provided by Amicus Finance Plc (“Amicus”) - now in Administration).

Until completion of the conversion, the Company was charged council tax on the property as a whole, amounting to approximately £1,300 per calendar month. Following a council assessment, it was determined that each bedroom should be rated as a separate dwelling (at Grade A rates) and therefore the overall council tax rose to £12,560 per annum.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10998566/filing-history/MzI1NTA4NTEyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10998566

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