Is LNC Property Development Limited in administration?
Last verified 6 June 2026
Yes, LNC Property Development Limited (company number 10998392) entered administration on 5 February 2026. Rajnesh Mittal of FRP Advisory Trading Limited was appointed as administrator.
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LNC Property Development Limited is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | 10998392 |
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| Incorporated | 5 October 2017 (9 years old) |
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| Registered office | 2nd Floor 120 Colmore Row, Birmingham, B3 3BD |
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| Nature of business (SIC) | 41100: Development of building projects (Construction) |
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| Date entered administration | 5 February 2026 |
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| Administrator | Rajnesh Mittal, FRP Advisory Trading Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 15 May 2026, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
LNC Property Development Limited is a construction business based in Birmingham, incorporated in 2017 and 9 years old when the administrator was appointed. Its registered activity is development of building projects (SIC 41100). There have been 2 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 2 people with significant control. 2 charges have been registered against the company, all of which are recorded as satisfied.
Statement of Affairs
The administrator filed a Statement of Affairs on 15 May 2026. It declared:
Assets available to unsecured creditors
£369,719
Show secured-creditor figures
Estimated total assets available for preferential creditors£1,374,593
Estimated total assets available for floating charge holders£189,216
The Statement of Affairs is the administrator's estimate at the point of filing. Realisations on insolvency often differ. View the full filing ↗
Directors
2 people have been appointed as directors of LNC Property Development Limited.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Lee Collingham
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Mrs Nicola Jane Collingham
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
SatisfiedCapify UK Llc
A registered charge · Created 20 Nov 2025 · Satisfied 28 Jan 2026
SatisfiedBizcap Limited
A registered charge · Created 27 Aug 2025 · Satisfied 12 Nov 2025
What happened
EventDateType
Statement of affairs15 May 2026AM02 Establishment of creditors or liquidation committee5 May 2026COM1
Notice of deemed approval of proposals1 April 2026AM06
Statement of administrator's proposal13 March 2026AM03 Registered office address changed9 February 2026AD01 +25 earlier events · 2018 to 2026
Appointment of an administrator5 February 2026AM01 Satisfaction of charge in full28 January 2026MR04 Total exemption full accounts made up12 December 2025AA Registration of charge , created24 November 2025MR01 Satisfaction of charge in full12 November 2025MR04 Confirmation statement made with updates7 November 2025CS01 Registration of charge , created4 September 2025MR01 Total exemption full accounts made up18 October 2024AA Register(s) moved to registered inspection location18 October 2024AD03 Register inspection address has been changed18 October 2024AD02 Confirmation statement made with no updates17 October 2024CS01 Total exemption full accounts made up20 October 2023AA Confirmation statement made with no updates18 October 2023CS01 Total exemption full accounts made up18 November 2022AA Confirmation statement made with no updates6 October 2022CS01 Total exemption full accounts made up30 December 2021AA Confirmation statement made with no updates18 October 2021CS01 Registered office address changed25 November 2020AD01 Total exemption full accounts made up6 November 2020AA Confirmation statement made with no updates7 October 2020CS01 Micro company accounts made up30 December 2019AA Confirmation statement made with no updates9 October 2019CS01 Micro company accounts made up14 December 2018AA Previous accounting period shortened10 December 2018AA01 Confirmation statement made with no updates16 October 2018CS01 Incorporation5 October 2017NEWINC What this means for you
If you are a creditor
Contact the administrator (FRP Advisory Trading Limited) to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
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See how Protect works, £24/mo →Other construction companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is LNC Property Development Limited in administration?
- Yes. LNC Property Development Limited (company number 10998392) entered administration on 5 February 2026. Rajnesh Mittal of FRP Advisory Trading Limited was appointed as administrator.
- Who is the administrator of LNC Property Development Limited?
- Rajnesh Mittal, a licensed insolvency practitioner at FRP Advisory Trading Limited, was appointed administrator of LNC Property Development Limited on 5 February 2026. Creditors can contact the administrator directly to submit a claim.
- What does LNC Property Development Limited do?
- LNC Property Development Limited's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
- Where is LNC Property Development Limited based?
- LNC Property Development Limited's registered office is 2nd Floor 120 Colmore Row, Birmingham, B3 3BD. The registered office is the address held on the public register, which is not always the trading address.
- When was LNC Property Development Limited founded?
- LNC Property Development Limited was incorporated on 5 October 2017, 9 years before the administrator was appointed.
- What is LNC Property Development Limited's company number?
- LNC Property Development Limited's registered company number is 10998392.
- Who has significant control of LNC Property Development Limited?
- 2 active people with significant control over LNC Property Development Limited are on the register: Mr Lee Collingham, Mrs Nicola Jane Collingham.
- Are jobs at LNC Property Development Limited at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator (FRP Advisory Trading Limited) for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of LNC Property Development Limited?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did LNC Property Development Limited go into administration?
- LNC Property Development Limited went into administration on 5 February 2026.
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