Shareholder in Sunningdale House Developments takes steps to protect his investment

The person of significant control of Sunningdale House Developments Ltd is, David Richard Pownceby (pictured), according to Companies House. This is the mother company, or the holding company for all the other Sunningdale owned companies such as Development House Ltd, which has recently gone into administration.

Since late June 2023 a new director by the name of Robert John Locker. has been added to the Sunningdale House Development owned companies.

Mr Locker previously worked as a Director for London & Coventry Investments Ltd between March 2005 and Nov 2012. This was owned by the, Gouray Lodge Charitable Trust, based in Jersey, whose ultimate owner was Sir David Kirch.

Sunningdale House Developments Ltd, has had another shareholder since 2015. That shareholder is Sunningdale Investments Limited, owned in Jersey by the philanthropist Sir David Kirch (pictured)

It is clear given what has happened to Development House Ltd, now in administration, Sir David is being mindful of his substantial investment. Let’s not forget when we filleted Sunningdale House Development last set of accounts; which makes very clear, the only reason Sunningdale House Developments is a going concern, is due to Sir David Kirch’s investment through his company, Sunningdale Investments Ltd based in Jersey.

Given David Pownceby’s company history, with his previous companies such as, Lilybrook Developments Ltd, Lilybrook Construction LtdDRP Estates Ltd and other related companies, going down the pan, owing £34,331,309, to 124 creditors, Sir David Kirch’s move to have ears and eyes on the ground in the shape of a director in Sunningdale House Developments is a very sensible one indeed.

The Shepway Vox Team

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3 Comments on Shareholder in Sunningdale House Developments takes steps to protect his investment

  1. I remember when lilly rooks went under a friend worked for them and was devastated and it almost broke him and nearly took his life but his family and some big help from those who are in mental health brought him through dark days. I never knew until you have just reported this that David pownceby was connected to both companies, what a massive toerag he is he also has death on his hands. He is incompetent or deliberately takes the funds for him self,

  2. I bet he hasn’t sold any of his many super cars that he owns (Ferrari’s, Lamborghini’s, etc) to pay off any of his creditors!! He has no conscience whatsoever!!

    • I am a resident on another one of David Pownceby’s failed developments down here in Devon. lt went into administration in August 2023 but Pownceby then bought it back from the Administrator. He is now intent on continuing in his attempts to commit a financial fraud against not only existing houseowners on Phase 1 of this site but also on the potential owners of the Phase 2 houses which are not being put up for sale. Given that he has bankrupted dozens of companies that he has been involved in (as well as many sub-contractors who have worked for his companies) does anyone know whether he is just an incompetent developer or where he is hiding the money that he is obtaining from these companies before he bankrupts them and sees them put into administration etc?

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