OWN Projects Limited (11522752): administration
- Status
- In administration
- Administration began
- 2025-08-08
- Administrators
- Anthony Davidson, Mark Siddall
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2018-08-17
- Location
- Milton Keynes
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
On 15 July 2025, following an introduction by the Company’s solicitors, Child & Child Law Limited, Mr Labridis met with Opus Restructuring LLP to review the Company’s financial position and explore the available options. At that time, the Company had ceased trading and discussions were ongoing with HMRC regarding an outstanding VAT liability, for which the Company was facing an imminent winding up petition.
Various formal insolvency options were considered, and it was concluded that Administration was the route with the best likehood of maximising returns for creditors. This recommendation took into account the existence of a shareholder dispute which was expected to hinder the approval of a Creditors’ Voluntary Liquidation at shareholder level.
On 8 August 2025, Anthony Peter Davidson and Mark Siddall of Opus Restructuring LLP were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by the Director of the Company.
Administrators' statement of proposals (2025-09-25) · Companies House register