Is Theon Developments Limited in administration?
Last verified 11 July 2026
Yes, Theon Developments Limited (company number 10882221) entered administration on 25 August 2022.
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Theon Developments 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 | 10882221 |
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| Incorporated | 25 July 2017 (9 years old) |
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| Registered office | Suite 5 2nd Floor Bulman House Regent Centre, Gosforth, Newcastle Upon Tyne, NE3 3LS |
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| Nature of business (SIC) | 41100: Development of building projects (Construction) |
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| Date entered administration | 25 August 2022 |
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| Statement of Affairs | Filed 5 December 2022, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Theon Developments Limited is a construction business based in Newcastle upon Tyne, incorporated in 2017 and 5 years old when the administrator was appointed. Its registered activity is development of building projects (SIC 41100). There have been 3 director appointments since incorporation, of which 1 was on the board when the administrator was appointed, alongside 1 person with significant control. 4 charges have been registered against the company, 1 of which is still outstanding.
Directors
3 people have been appointed as directors of Theon Developments Limited.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
High Street Commercial Finance Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Cargil Management Services Limited · ceased 25 Jul 2017
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 3 satisfied.
Status · Creditor · Type · Dates
SatisfiedTk Property & Construction Limited
A registered charge · Created 23 Dec 2020 · Satisfied 2 Mar 2021
OutstandingFortwell Capital Limited
A registered charge · Created 15 Mar 2019 · Pending
SatisfiedDragonfly Finance S.A.R.L
A registered charge · Created 17 Aug 2018 · Satisfied 9 Aug 2019
SatisfiedDragonfly Finance S.A.R.L
A registered charge · Created 17 Aug 2018 · Satisfied 9 Aug 2019
What happened
EventDateType
Administrator's progress report30 March 2026AM10 Administrator's progress report11 September 2025AM10 Administrator's progress report14 March 2025AM10 Administrator's progress report13 September 2024AM10 Notice of extension of period of Administration8 August 2024AM19
+44 earlier events · 2017 to 2024
Administrator's progress report27 February 2024AM10 Administrator's progress report19 September 2023AM10 Notice of extension of period of Administration27 June 2023AM19
Administrator's progress report20 March 2023AM10 Statement of affairs5 December 2022AM02 Notice of deemed approval of proposals28 October 2022AM06
Statement of administrator's proposal12 October 2022AM03 Registered office address changed25 August 2022AD01 Appointment of an administrator25 August 2022AM01 Compulsory strike-off action has been discontinued3 August 2022DISS40 First Gazette notice for compulsory strike-off2 August 2022GAZ1 Confirmation statement made with no updates1 August 2022CS01 Registered office address changed19 January 2022AD01 Compulsory strike-off action has been discontinued19 January 2022DISS40 Confirmation statement made with no updates18 January 2022CS01 Confirmation statement made with no updates18 January 2022CS01 Confirmation statement made with no updates18 January 2022CS01 First Gazette notice for compulsory strike-off11 January 2022GAZ1 Satisfaction of charge in full2 March 2021MR04 Audit exemption subsidiary accounts made up1 February 2021AA Legacy1 February 2021PARENT_ACC
Legacy1 February 2021AGREEMENT2
Legacy1 February 2021GUARANTEE2
Registration of charge , created24 December 2020MR01 Satisfaction of charge in full9 August 2019MR04 Satisfaction of charge in full9 August 2019MR04 Total exemption full accounts made up11 July 2019AA Memorandum and Articles of Association15 May 2019MA Current accounting period shortened12 April 2019AA01 Registration of charge , created26 March 2019MR01 Previous accounting period extended21 February 2019AA01 Registered office address changed19 February 2019AD01 Confirmation statement made with no updates8 September 2018CS01 Registration of charge , created24 August 2018MR01 Registration of charge , created20 August 2018MR01 Confirmation statement made with updates3 August 2017CS01 Termination of appointment as a secretary3 August 2017TM02 Notification as a person with significant control3 August 2017PSC02 Cessation as a person with significant control3 August 2017PSC07 Statement of capital following an allotment of shares2 August 2017SH01 Appointment as a director2 August 2017AP01 Registered office address changed2 August 2017AD01 Termination of appointment as a director1 August 2017TM01 Incorporation25 July 2017NEWINC What this means for you
If you are a creditor
Contact the administrator 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 Theon Developments Limited in administration?
- Yes. Theon Developments Limited (company number 10882221) entered administration on 25 August 2022.
- What does Theon Developments Limited do?
- Theon Developments Limited's registered nature of business is development of building projects (SIC 41100). It is classified in the construction sector.
- Where is Theon Developments Limited based?
- Theon Developments Limited's registered office is Suite 5 2nd Floor Bulman House Regent Centre, Gosforth, Newcastle Upon Tyne, NE3 3LS. The registered office is the address held on the public register, which is not always the trading address.
- When was Theon Developments Limited founded?
- Theon Developments Limited was incorporated on 25 July 2017, 5 years before the administrator was appointed.
- What is Theon Developments Limited's company number?
- Theon Developments Limited's registered company number is 10882221.
- Who has significant control of Theon Developments Limited?
- 1 active person with significant control over Theon Developments Limited is on the register: High Street Commercial Finance Limited.
- Does Theon Developments Limited have any outstanding charges?
- an outstanding charge is registered against Theon Developments Limited out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Theon Developments 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 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 Theon Developments 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 Theon Developments Limited go into administration?
- Theon Developments Limited went into administration on 25 August 2022.
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