Breaking News: Sunningdale House Developments Ltd to go into administration.
At midday today, all Sunningdale House Developments Limited staff were invited to a staff meeting, via zoom. At this meeting they were all informed that the company would be slipping into administration either at some point today or at the latest Monday.
Sunningdale House Developments Limited was incorporated on24 November 2014. David Pownceby (pictured) was the second appointee, after Terry John Prosser.Â
We have previously reported, and asked if Sunningdale have cashflow issues.
We recently reported Development House Limited had gone into administration. Development House was the construction arm of the Sunningdale Group of companies.Â
Let’s not forget the person of significant control of Development House Ltd and Sunningdale House Developments Ltd, David Richard Pownceby dissolved Lilybrook Developments Ltd, Lilybrook Construction Ltd, DRP Estates Ltd and other related companies, owing £34,331,309, to 124 creditors, according to companies house, and the Insolvency practitioner who wound the companies up, in mid 2013.
As we learn more, we’ll update you.
The Shepway Vox Team
Dissent is NOT a Crime
This just shows that Pownceby is clearly unable to run a successful business!! Totally disingenuous in everything he does. The guy should be struck off from ever running a business or if he does, more the fool that works for him or any company associated with him!! I hope he loses everything like many of the companies that have who have worked for him in the past! A bad apple never falls far from the tree and this has been proved time and time again by Pownceby!
No guess who the receivers will be…..
Interesting comments from local builders regarding some of these issues raise curiosity on how such matters came to be, which leaves a marked path towards various individuals, it appears.
Who do you think the receivers will be?
The linkedin profile language suggests a young individual applying for jobs, conflicting with the claimed experience; perhaps, an indicator underlining how issues evolved and where they might terminate.