8 Albert CT Limited (16561223): administration
- Status
- In administration
- Administration began
- 2026-03-10
- Administrators
- Joanne Hewitt-Schembri, Ali Abbas Khaki
- Administrators' firm
- FTI Consulting
- Incorporated
- 2025-07-05
- Location
- London
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was set up as a special purpose vehicle (“SPV”) for the purpose of purchasing property at 8 and 8a Albert Court, Prince Consort Road, London, SW7 2BE (“the Property”). The Company obtained financing by way of a loan provided by Amber Bridging Limited (“ABL”) secured against the Property (“the Secured Creditor”). ABL’s sole director is Paresh Raja who is the founder of Market Financial Solutions Limited and associated companies (“the MFS Group”). The Company’s sole director is Knemanand Hurhangee, it is understood Mr Hurhangee is an associate of Paresh Raja.
In conjunction with Slaughter and May (“SandM”), our legal advisors, we are reviewing the validity and priority of the Secured Creditors’ charges over the Property.
Following the appointment of administrators over ABL and the MFS Group, ABL subsequently took enforcement action over the loan it had granted to the Company (following events of default) and then applied to the Court to place the Company into Administration.
Administrators' statement of proposals (2026-05-12) · Companies House register