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Alderley Group (2019) Limited (12143160): administration

Status
In administration
Administration began
2026-06-09
Administrators
Steven Illes, Andrew John Duncan
Administrators' firm
Mha
Incorporated
2019-08-07
Location
London
Industry
41100 Development of building projects

Why it went into administration

From the administrators' statement

Creditors should note that, unless otherwise stated, this section of my Proposals has been prepared based on company documentation which has been received and reviewed and not from my personal knowledge as Joint Administrator.

The Company was incorporated on 7 August 2019, with its trading address at 50 Sloane Avenue, Chelsea, London, SW3 3DD. Our current understanding is that the Company formed part of the wider Alderley Group ("the Group"), a group of entities engaged in the development and delivery of affordable housing schemes across the North-West of England, working in partnership with local authorities, housing associations and other registered providers.

The Group's business model involved raising capital from private investors through the issue of fixedrate corporate loan notes. The Company issued loan notes under two products: an Income product, paying interest of 12% with interest distributed monthly, and a Growth product, paying 15% per annum. The minimum investment was £10,000, with further investment in multiples of £1,000, and end-of-term bonuses of 1% and 2% were offered on larger investments.

Administrators' statement of proposals (2026-08-12) · Companies House register

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Alderley Group (2019) Limited (12143160)

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