7 Edgeware Court Ltd (11000490): administration
- Status
- In administration
- Administration began
- 2026-06-25
- Administrators
- Andrew Little, Gillian Margaret Sayburn
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2017-10-06
- Location
- Newcastle upon Tyne
- Industry
- 68100 Buying and selling of own real estate
From the administrators' statement
The Company was formed in October2017 specifically to hold an investment property that had been crowd funded following a promotion by Crowd2Let Capital Ltd.
The initial investors purchased “shares” in the company based on a crowdfunded package price of £55,000. This covered the purchase price of the property, legal costs and an element of funds for decoration / refurbishment. The property purchase price registered at Land Registry was £43,000. This was recorded in the initial accounts as £45,180 which is assumed to include some capital expenditure following acquisition of £2,180.
-3Each “share” cost £500 and represented the purchase of one £1 share and a long term loan of £499 per “share”. The initial subscription was for 110 shares. The original shareholders were recorded on the incorporation documents at Companies House. There have been no subsequent amendments to the register of shareholders. We understand that some of the original investors have been repaid.
Administrators' statement of proposals (2026-08-27) · Companies House register