# Permitted Developments Investments No 6 Ltd (11095309)

> Why UK company 11095309 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11095309

- **Status:** In administration
- **Administration began:** 2023-10-30
- **Administrators:** Philip Lewis Armstrong, Philip James Watkins
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2017-12-04
- **Location:** London
- **Industry:** 68209 Other letting and operating of own or leased real estate

## Why it went into administration

- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

The Company was incorporated on 4 December 2017 as an SPV for the purpose of acquiring the Property and developing it into residential apartments.

Group structure and management A structure chart for the Group is attached at Appendix A.

BYMC is the Company’s sole shareholder and the beneficial owner of the Group. The Group operated as a real estate investment and development business, carried out through a number of SPVs. These SPVs purchased and in many cases carried out the development of land and property using various third-party professionals, contractors, and subcontractors, with funding provided by a range of investors, including various senior and mezzanine lenders.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11095309/filing-history/MzQwNjU0Mjk5MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11095309

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