# No 1 Pentire Newquay Ltd (13297570)

> Why UK company 13297570 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/13297570

- **Status:** In administration
- **Administration began:** 2025-05-07
- **Administrators:** Christopher Newell, Nicholas Simmonds
- **Administrators' firm:** Quantuma
- **Incorporated:** 2021-03-28
- **Location:** Herts
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

Quantuma Advisory Limited were first approached by Paragon in April 2025 and subsequently formally instructed via engagement letter on 1 May 2025.

Subsequently, pursuant to Paragraph 14 of Schedule B1 of the Insolvency Act 1986 Paragon Development Finance Limited appointed Nicholas Simmonds and Chris Newell both of Quantuma Advisory Limited as Joint Administrators of the Company on 7 May 2025.

No Moratorium under Part A1 of the Act has been in force for the Company at any time within the period of 2 years ending with the day on which it entered Administration.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/13297570/filing-history/MzQ3MjE3NTY2MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/13297570

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