Cliffedge 10 Newquay Ltd (13727629): administration
- Status
- In administration
- Administration began
- 2026-01-26
- Administrators
- Christopher Newell, Nicholas Simmonds
- Administrators' firm
- Quantuma
- Incorporated
- 2021-11-08
- Location
- Watford
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Quantuma Advisory Limited were first approached by United Trust Bank in December 2025 regarding the options available to them as a Qualifying Floating Charge Holder. Subsequently Quantuma were formally instructed on 20 January 2026.
Pursuant to Paragraph 14 of Schedule B1 of the Insolvency Act 1986, United Trust Bank Limited appointed Nicholas Simmonds and Chris Newell both of Quantuma Advisory Limited as Joint Administrators of the Company on 26 January 2026.
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.
Administrators' statement of proposals (2026-03-25) · Companies House register