Stratton Land (ASH) Limited (15478072): administration
- Status
- In administration
- Administration began
- 2025-06-02
- Administrators
- Michael Kiely, Andrew Andronikou
- Administrators' firm
- Quantuma
- Incorporated
- 2024-02-10
- Location
- London
- Industry
- 41100 Development of building projects
From the administrators' statement
Andrew Andronikou of Quantuma was first approached by Sarisha Limited on 21 May 2025 regarding its secured lending to the Company and the options available to them under the terms of their security.
Sarisha was referred to Quantuma by Bhavik Jayendrakumar Shah of Providus Capital Ltd.
The Company entered into a contract to purchase the Property. We understand that a deposit of £525,000 was paid to the sellers’ solicitors account. The deposit was funded by way of a loan totalling £624,000 from Sarisha Limited, who were provided with security by way of an all assests debenture dated 8 March 2024 which contained fixed and floating charges over the Company’s assets.
Administrators' statement of proposals (2025-07-23) · Companies House register