Stonegate Homes (Hove) Limited (12012124): administration
- Status
- In administration
- Administration began
- 2025-11-27
- Administrators
- Arron Simon Kendall, Andrew James Pear
- Administrators' firm
- Moorfields
- Formerly
- Stonegate Homes (Hayes) Limited
- Incorporated
- 2019-05-22
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated as Stonegate Homes (Hayes) Limited (“the Company”) on 22 May 2019, with it subsequently changing its name to Stonegate Homes (Hove) Limited on 20 August 2019. On incorporation, the directors were Stephen Howard Curwen and Jeremy Nigel Parker. It is understood that the Company was initially funded by way of various legal mortgages obtained in respect of its freehold interest.
The Company’s principal business was the development of a block of residential flats situated at 106112 Davigdor Road, Hove, BN3 1RE, also known as Palmer House (“the Property”).
More recently, facilities were provided by the senior lender, Silbury Speciality Finance Limited (“Silbury” or “the Senior Lender”), and the mezzanine lender, BH NO2 LLP (“BH2’ or “the Mezz Lender’). Stephen Curwen and Jeremy Hinds resigned as directors on 25 November 2020 and 15 July 2025 respectively, with Jerrel Floyd-Hasselbaink and BH NO2 LLP appointed as directors on 15 July 2025.
Administrators' statement of proposals (2026-01-26) · Companies House register