Folio Life Wadesmill Limited (13907658): administration
- Status
- In administration
- Administration began
- 2025-08-27
- Administrators
- Edward Avery-Gee, Nick Brierley
- Administrators' firm
- CG&Co
- Formerly
- Brown DOG Developments (Ramsden Heath) Limited
- Incorporated
- 2022-02-10
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
3.1 Prior to our appointment, the Company had failed to repay Fiduciam in the terms provided within the loan facility and the Company became in breach of the terms of the funding.
3.2 It is understood that the facility was repayable in full on 3 January 2024; however. this was not repaid. Therefore, a demand for payment was subsequently issued by the lender on 19 August 2025.
3.5 Asaresult of these discussions, Fiduciam began to review the position in detail and, specifically, the progress with regard to the completion of the remaining plots.
Administrators' statement of proposals (2025-10-24) · Companies House register