LW&P (Bicknacre) Limited (12911994): administration
- Status
- Administration ended
- Administration began
- 2025-05-15
- Administrators
- Simon David Chandler, Scott Christian Bevan
- Administrators' firm
- Mazars
- Incorporated
- 2020-09-29
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
- Loss-making contracts / project overruns
From the administrators' statement
3.1.1 The Company was incorporated on 29 September 2020 with the name LW&P (Bicknacre) Limited. Its primary activity was the development of building projects. The Company’s activities focused on a residential development in Danbury. A dispute had arisen between the lender and the Company due to cost overruns, and a breach of contract.
3.2 Initial advice and meetings
3.2.1 On 8 May 2025, Forvis Mazars LLP were approached by Crowd Property Limited (“the Lender’), one of the Company’s secured lenders. At a meeting with the lender on 8 May 2025, the financial position of the Company was discussed and the options available to the Company was explored.
Administrators' statement of proposals (2025-07-10) · Companies House register