# Avenue Close Freehold Limited (11506873)

> Why UK company 11506873 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11506873

- **Status:** Administration ended
- **Administration began:** 2022-10-14
- **Administrators:** Jamie Taylor, Paul Robert Appleton
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2018-08-08
- **Location:** Southend-on-Sea
- **Industry:** 98000 Residents property management

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated as a vehicle to acquire the freehold interest in Avenue Close, London NW8, pursuant to the provisions of Chapter | of the Leasehold Reform, Housing and Urban Development Act 1993 (‘the LRHUD Act’).

A Participation Agreement (“the Agreement”) was entered into on 30 January 2019 and those leaseholders who participated are known as “Participating Tenants”.

A notice under s.13 of the LRHUD Act requires that the Participating Tenants elect a ‘Nominee Purchaser’, which shall be the entity, which ultimately acquires the freehold interest in a successful collective enfranchisement claim. In a collective, the Nominee Purchaser is usually a limited company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11506873/filing-history/MzM2MzQ5MzExNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11506873

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