375 Properties Limited (13607512): administration
- Status
- Administration ended
- Administration began
- 2025-05-13
- Administrators
- Robert Cundy
- Administrators' firm
- Edge Recovery
- Incorporated
- 2021-09-07
- Location
- Bromley
- Industry
- 55900 Other accommodation
Why it went into administration
- Regulatory change or action
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me and not from my personal knowledge as Administrator The Company was incorporated on 7 September 2021. On 11 October 2022, the Company acquired the property at 375 High Road, liford, Essex IG1 1TF for £360,000 with the assistance of a secured loan from Futurebricks.
It is believed that the purpose of the acquisition was to develop the property into a mixed commercial and residential investment and planning permission appeared to be granted for this. Then on 9 October 2023, further planning permission was granted to make the unit predominantly residential with a number of flats to be created.
From an inspection of the property, development has commenced, although this is only part completed with none of the proposed residential areas capable of being occupied as yet.
Administrators' statement of proposals (2025-07-15) · Companies House register