Rjay Developments (Longcot) Ltd (13889378): administration
- Status
- In administration
- Administration began
- 2026-02-20
- Administrators
- Lauren Wentworth, James Saunders
- Administrators' firm
- Advisory
- Incorporated
- 2022-02-02
- Location
- London
- Industry
- 41100 Development of building projects
From the administrators' statement
KR8 Advisory Limited were first approached by Downing on 8 January 2026 given the recent death of Richard Denbow and the poor health of James Happé.
It was agreed with Downing and James Happé to engage KR8 Real Estate Limited to work with all parties to collate as much information required to ensure the remaining properties were placed on the market without delay.
During this tri-partite engagement, it was confirmed that a JCT was in place with Whiting Builders Limited which Richard Denbow was allegedly in dispute with. There were also a number of allegations from one of the purchasers within the development as to structural issues in his property. Due to the lack of information available, the level of uncertainty around the JCT and potential legal threats were all at risk of impacting the recovery to the Lender, the decision was made to place the Company into Administration.
Administrators' statement of proposals (2026-04-27) · Companies House register