# NU Space Homes (Green Hammerton) Limited (12760681)

> Why UK company 12760681 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12760681

- **Status:** In administration
- **Administration began:** 2024-02-09
- **Administrators:** Julian Pitts, Robert Alexander Henry Maxwell
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2020-07-22
- **Location:** Leeds
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Property / lease costs
- Rising interest rates

## From the administrators' statement

Nu Space Homes (Green Hammerton) Limited was incorporated on 22 July 2020 as a special purpose vehicle for the purchase of Elm Cottage Farm in Green Hammerton, York (“the Property”) by its current directors and shareholders. The purchase of the Property was funded by facilities provided by Downing LLP and Aberclay Limited.

The Company, part of Nu Space Homes Group, is a residential construction company, specialising in providing high quality contemporary homes across Yorkshire and the Noth of England. The Property is a development of individually designed two, three and four bedroom homes located in Green Hammerton, which is well positioned between York and Harrogate.

Structural works have been undertaken at the Property through its sub-contractor base (connected party to the Company), although that company has entered into Liquidation. Significant further works are required to be undertaken prior to the properties being completed.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12760681/filing-history/MzQxNzE3MDA5NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12760681

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