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  • Landlords in Distress

    Golden Sands Developments - Bradford

    This may affect mostly overseas investors, Malaysia maybe?

    All the best

    Helen

    "A Yorkshire property developer business has gone into administration after running out of funds. 

    The problems affecting Golden Sands Developments have thrown into doubt the future of several prominent sites in Bradford.

    Gary Blackburn and Paul Whitwam from specialist business advisory firm FRP Advisory have been appointed joint administrators of Bradford-based Golden Sands Developments Platinum Limited and Golden Sands Developments Bradford Limited.

    Both Golden Sands Developments Platinum Limited and Golden Sands Developments Bradford Limited specialise in commercial and residential property development.

    Golden Sands Developments Platinum Limited owned a piece of land on Thornton Road in Bradford and had plans to develop the site into a residential development, however, due to insufficient funding to carry out the development the company entered administration."

    Full story http://www.thebusinessdesk.com/yorkshire/news/2025206-administrators-called-property-firm-runs-funds

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    Golden Sands Developments Bradford Limited

    £2.3 Million Net Assets - still showing Active

    https://www.duedil.com/company/gb/0903880...rd-limited

    Golden Sands Developments Platinum Limited

    £408.5k Trade Debtors with Net Assets - £27.4k - still showing Active

    https://www.duedil.com/company/gb/0910519...um-limited


    Other companies associated Directors / Group

    Golden Sands Developments Ltd

    Dissolved 19th June 2018 £43.5k Current Liabilities £442.9k Total Assets - still showing Active

    https://www.duedil.com/company/gb/0899096...pments-ltd

    Golden Sands Developments Midland Limited

    £81k Net Assets £29.3k Cash - Still showing Active

    https://www.duedil.com/company/gb/0922408...nd-limited


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