# Joules Developments Limited (11250107)

> Why UK company 11250107 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11250107

- **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- Funding withdrawn / unable to refinance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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11250107/filing-history/MzM2MzQ4NDIxN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11250107

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