# Abbeyglen Properties (Castlemaine) Limited (12275808)

> Why UK company 12275808 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12275808

- **Status:** In administration
- **Administration began:** 2026-07-17
- **Administrators:** James Alexander Snowdon, Georgina Marie Eason
- **Administrators' firm:** MHA Advisory
- **Incorporated:** 2019-10-22
- **Location:** London
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Weather / natural events
- Creditor pressure / legal action
- Regulatory change or action

## From the administrators' statement

The Company was incorporated on 22 October 2019, with the Company registration number 12275808. The previous registered office address for the Company was 22 Wilhelmina Avenue Coulsdon CR5 1NH. The Company was formed with the view of acting as a special purpose vehicle for the development of a residential development site situated at Purley, Croydon.

The Company holds the title to a development site at 131 Woodcote Valley Road, Purley, CR8 3BN. The development consists of eight new build flats with building works at the site complete. The senior lender, Lendnet Property LLP, had sought engagement from the management team at the Company surrounding both the marketing of the completed units and the satisfaction of outstanding planning permissions. The Company had not provided sufficient engagement with the senior lender and was in breach of the lending conditions. As a result, the secured lender sought to take recovery action in respect of the outstanding debt through the appointment of an Administrator.

It should be noted that in addition to being appointed over the Company, | have also been appointed over the connected entities - Abbeyglen (Canning Road) Limited in Administration and Abbeyglen (Tekels Park) Properties Limited in Administration. Abbeyglen (Canning Road) Limited in Administration was placed into Administration on 17 July 2026 and Abbeyglen (Tekels Park) Properties Limited in Administration was placed into Administration on 31 January 2025.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12275808/filing-history/MzU0Mjg3ODIxNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12275808

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.