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Malvern Developments Ltd (12040261): administration

Status
In administration
Administration began
2024-03-04
Administrators
Marco Piacquadio, Alan Brian Coleman
Administrators' firm
FTS Recovery
Incorporated
2019-06-10
Location
Milton Keynes
Industry
41100 Development of building projects

Why it went into administration

From the administrators' statement

3.1 The Company was established in 2019 and operates as a property developer. It has been developing a plot of land in Pershore for residential use.

3.2 On 30 January 2024, a petition was presented for the winding up of the Company by HMRC.

3.3 The Company is currently insolvent within the meaning in section 123 of the Act and went into administration on 4 March 2024 on which date the Administrators were appointed as its administrators. The Administrators have reviewed the various options that might be available to the Company with a view to seeking the best possible outcome for the Company and its creditors.

Administrators' statement of proposals (2024-05-08) · Companies House register

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Malvern Developments Ltd (12040261)

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