# Violet Developments LLP (OC398460)

> Why UK company OC398460 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/OC398460

- **Status:** In administration
- **Administration began:** 2024-07-12
- **Administrators:** Philip Lewis Armstrong, David Paul Hudson
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2015-02-21
- **Location:** London

## Why it went into administration

- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Bad debts / customer insolvency
- COVID-19

## From the administrators' statement

Business and operations

The LLP was incorporated on 21 February 2015. The LLP’s primary asset is the Property, situated at 70 Violet Road, Bow, London, E3 3FL.

The Bank provided development funding for the redevelopment of a commercial and residential property. The funding would enable the site to be redeveloped into an 8storey building with 73 residential units and a commercial space on the ground floor with a basement.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/OC398460/filing-history/MzQzNDc2NjMyN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/OC398460

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