Joules Developments Limited (11250107): administration
- Status
- Administration ended
- Administration began
- 2022-11-16
- Administrators
- William James Wright, Ryan Kevin Grant
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2018-03-12
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- Supply chain disruption
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 12 March 2018 and operated as a property holding company, which acted as developer for building projects in the Group. The Company had
no employees, and its principal asset was the freehold property in Market Harborough, which was the Group’s head office.
Administrators' statement of proposals (2023-01-04) · Companies House register