Tillingbourne Ryewood Limited (11959562): administration
- Status
- Administration ended
- Administration began
- 2023-04-24
- Administrators
- Gary Paul Shankland, Irvin Milton Cohen
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2019-04-23
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- Rising costs / inflation
From the administrators' statement
The Company was incorporated on 23 April 2019 for the purpose of acquiring and developing the freehold property located at 19 Purley Rise, Purley CR8 3AW (“the Property”).
Planning permission was obtained from Croydon Council to demolish the existing dwelling and erect a threestorey building comprising 7 x one bedroom, 1 x two bedroom and 1 x three bedroom flats. The permitted planning also included the formation of vehicle access and provision of three parking spaces, refuse and cycle storage.
The anticipated GDV of the development was c.£3m.
Administrators' statement of proposals (2023-06-21) · Companies House register