From the administrators' statement

The Company was incorporated on 28 February 2018 by Stephen Reel and Stephen Carroll who were appointed as directors and who each held 50% of the share capital.

Following incorporation the Company entered Into a Joint Venture Agreement (Joint Venture”) with Andrea Cronshaw (“Andrea), Lesa Cronshaw (“Chantal”) and Courtney Yates (“Courtney”) hereinafter referred to as the JV Partners, in relation to freehold land at Brear Vale, dated 25 May 2018. It was agreed that Brear Vale would be developed for the purposes of residential housing which would then be sold by the Company.

Brear Vale was was originally owned by Andrea (25%), Chantal (25%) and Courtney

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Open Fields Development Limited (11229906)

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