Underhill Construction Limited (11156749): administration
- Status
- In administration
- Administration began
- 2022-06-28
- Administrators
- Steven John Williams, Alexander Kinninmonth
- Administrators' firm
- FRP Advisory
- Incorporated
- 2018-01-18
- Location
- Southampton
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 18 January 2018, as a ‘special purpose vehicle’ for the acquisition and redevelopment into 20 dwelling houses of a site known as ‘Chesil Edge’ being the former Underhill Junior School, Clovens Road, Portland DT5 iGA.
The Company engaged Calibre as the lead building contractor for the development. Calibre is a connected entity by virtue of certain common directors and shareholders.
At the date of the Administration, the sale of 17 plots had been completed, with the freehold title to a plot of land comprising three part-built properties (plots 18, 19 and 20) and certain ancillary land (together ‘the Property’) remaining owned by the Company.
Administrators' statement of proposals (2022-08-25) · Companies House register