Smartway Entrepreneurs Ltd (12298377): administration
- Status
- Administration ended
- Administration began
- 2023-09-08
- Administrators
- Gary Paul Shankland, Irvin Milton Cohen
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2019-11-05
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- Loss-making contracts / project overruns
From the administrators' statement
The Company was incorporated on 5 November 2019 for the purpose of acquiring and developing the site situated at Acacia Lodge, Rookery Road, Staines, TW18 1BT (“the Site”).
On 5 February 2021, planning permission was obtained from Spelthorne Borough Council to demolish the existing building and develop 14 apartments including refuse storage, cycle storage, associated car parking and landscaping.
The anticipated Gross Development Value of the Site was £6,050,000.
Administrators' statement of proposals (2023-10-30) · Companies House register