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Lowndes Square (HW) Limited (13469845): administration

Status
In administration
Administration began
2026-05-27
Administrators
Geoffrey Paul Rowley, Simon Baggs, David Paul Hudson
Administrators' firm
FRP Advisory
Formerly
Gloucester Place (YS) Limited
Incorporated
2021-06-21
Location
London
Industry
68100 Buying and selling of own real estate

Why it went into administration

From the administrators' statement

The Company was incorporated on 21 June 2021 and its registered office was located at 134 Buckingham Palace Road, London, SWiW 9SA. The Company’s sole director and sole shareholder is Mr Knemanand Hurhangee. The Company has no employees and does not trade.

The Company acts as an SPV for the sole purpose of owning property. In this instance the Company owns the freehold of Flat 9, 33 Lowndes Court, London, SW1X 9JJ, which was purchased on 25 October 2021.

The Company is one of approximately 244 entities controlled by five directors being Mr Khemanand Hurhangee, Mr Sanjay Jairambhai Patel, Mr Dipendra Amin, Mr Pritesh Raghubhai Patel and Mr Dipeshkumar Patel (“the Directors”). Each entity owns at least one property which appears to have been initially funded by either Market Financial Solutions Limited (“MFS”) or one of nine funding silos incorporated as SPVs. In addition, the Administrators have also been contacted by other parties purporting to hold security over certain properties.

Administrators' statement of proposals (2026-07-14) · Companies House register

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Lowndes Square (HW) Limited (13469845)

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