Creditors' voluntary liquidation · 10 January 2024

Enterprise Residential Development

Developer · Cambridge · East Anglia

What happened

ENTERPRISE RESIDENTIAL DEVELOPMENT LIMITED (company number 02917485), incorporated in 1994, entered creditors' voluntary liquidation on 10 January 2024. Its status at Companies House is now: liquidation.

The directors and shareholders decide to close an insolvent company. A liquidator sells its assets and shares the proceeds among creditors.

Previously known as: ENTERPRISE PROPERTY GROUP LIMITED, ASHTENNE RESIDENTIAL LIMITED, ELLINGWELL LIMITED.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

31 December 2021
Last accounts filed were made up to this date
2 years later
10 January 2024
Creditors' voluntary liquidation started (shareholders resolved to wind up)

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Dec 2021: £21.3m; Accounts at Companies House
Loss before tax, year to Dec 2021: £155k; Accounts at Companies House
Net assets, year to Dec 2021: £11.2m; Accounts at Companies House

The last accounts filed were group accounts made up to 31 December 2021, 24 months before it failed. Private companies have nine months after their year end to file, so a gap of more than 21 months usually means the next accounts were overdue, one of the warning signs worth checking for.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

We're writing plain-English reports on major construction failures: who was involved, why it happened, the warning signs and how long they were visible, and what to look out for next time.

In the news

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