Administrators progress report September 2012
On 11 November 2010, D F Butters and I Brown were appointed Joint Administrators of Velocity Estates Limited, Velocity Living Limited, HLW 287 Limited and HLW 332 Limited (all in Administration). On 12 November 2010, D F Butters and I Brown were appointed Joint Administrators of Velocity Developments Limited - In Administration. (together "the Companies"). I Brown retired on 25 May 2011 and W Dawson was appointed as replacement Joint Administrator by the Court.
The affairs, business and property of the Companies are being managed by the Joint Administrators. The Joint Administrators act as agents of the Companies and contract without personal liability. The Joint Administrators are authorised by The Institute of Chartered Accountants in England & Wales. All licensed insolvency practitioners of Deloitte LLP are licensed in the UK.