# Albert Road (NG) Limited (15592360)

> Why UK company 15592360 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/15592360

- **Status:** In administration
- **Administration began:** 2026-05-27
- **Administrators:** Simon Baggs, David Paul Hudson
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2024-03-25
- **Location:** Manchester
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Parent or group failure

## From the administrators' statement

The Company was incorporated on 24 March 2024 and its registered office was located at 134 Buckingham Palace Road, London SW1W 9SA. The Company's sole director and sole shareholder is Mr Knemanand Hurhangee. The Company has no employees and does not trade.

The Company acts as an SPV for the sole purpose of owning property. In this instance the Company owns the leasehold of 49 North Gate, Prince Albert Road, NW8 7EL which was purchased on 3 June 2024.

The Company is one of approximately 244 entities controlled by five directors being Mr Khemanand Hurhangee, Mr Sanjay Jairambhai Patel, Mr Dipendra Amin, Mr Pritesh Raghubhai Patel and Mr Dipeshkumar Patel. Each entity owns at least one property which appears to have been initially funded by either Market Financial Solutions Limited or one of nine funding silos incorporated as SPVs. In addition, the Joint Administrators have also been contacted by other parties purporting to hold security over certain properties.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/15592360/filing-history/MzUzMTAzMDg5OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/15592360

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.