Sparrow Gate Property Limited (15806007): administration
- Status
- In administration
- Administration began
- 2026-03-11
- Administrators
- Paul Steven Cooper, Simon Baggs, David Paul Hudson
- Administrators' firm
- FRP Advisory
- Incorporated
- 2024-06-27
- Location
- Leeds
- 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 27 June 2024 and its registered office was located at 134 Buckingham Palace Road, London, SW1W 9SA. The Company’s director is Mr Sanjay Jairambhai Patel and the Company’s shareholder is Mr Sanjay Jairambhai Patel. The Company has no employees and does not trade.
The Company is an SPV for the sole purpose of owning property. In this instance the Company owns the freehold of Flat A, B, C and D at 116 Gloucester Place, London, W1U 6HZ, which was purchased on 21 October 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 (“the Directors”). Each entity owns at least one property which appears to have been initially funded by either Market Financial Solutions Limited (“MFS”) or one of nine funding silos incorporated as SPVs. In addition, the Administrators have also been contacted by other parties puporting to hold security over certain properties.
Administrators' statement of proposals (2026-05-08) · Companies House register