Accumulate Commercial Limited (12381720): administration
- Status
- Administration ended
- Administration began
- 2021-12-02
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2019-12-31
- Location
- Northampton
- Industry
- 70221 Financial management
Why it went into administration
- COVID-19
From the administrators' statement
It should be noted that the following information has been provided following discussions with the Company's Director, Mr Paul James Howells, and my investigations since my appointment.
The Company was incorporated on 18 March 2020. Its sole director on incorporation was Mr Paul James Howells (“the Director’) and its sole shareholder was Accumulate Capital Limited ("ACL’).
The Company operated as an investment manager with the purpose of raising funds from investors to part-finance the acquisition and redevelopment of Doncaster Enterprise Park, Doncaster, DN1 3Q2Z,
Administrators' statement of proposals (2021-12-21) · Companies House register