Dawton Holdings Limited (13180998): administration
- Status
- In administration
- Administration began
- 2025-02-13
- Administrators
- Craig Andrew Ridgley, Mark Grahame Tailby
- Administrators' firm
- Sterling Advisory
- Incorporated
- 2021-02-04
- Location
- Coventry
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
2.1 The Company was incorporated as Dawton Holdings Limited (‘the Company’) on 04 February 2021 and commenced trading with a view to facilitating holiday lets, with a longer term strategy of purchasing these properties to run as holiday lets. On incorporation, the sole director was James Mitchell.
2.2 Initiatly, the director sought to enter into a joint venture ("JV") with Mr James Hutt in which the Company became a SO0% shareholder in Rosebury Housing Limited.
2.3. The intention was that Mr Hutt would provide the funding and the director would manage the venture, however in May 2022 the parties agreed to part company and the Company's shares in Rosebury Housing Limited were transferred to Puffin Property (Cambridge) Limited.
Administrators' statement of proposals (2025-04-15) · Companies House register