High Court appoints administrators to London residential developer Velocity Homes

The High Court of Justice sealed the appointment of joint administrators to Velocity Homes Limited on 18 May 2026, bringing the small London residential developer under formal insolvency control. The case reference is CR-2026-003828.

Velocity Homes was incorporated in November 2019 and is registered at 60 Windsor Avenue, London, SW19 2RR. Its Companies House filings list it as active in the development of building projects, covering residential and non-residential construction alongside management consultancy activities. The company has filed only micro-entity accounts, the smallest reporting category available to limited companies, with its most recent accounts made up to 30 November 2024.

The administrators

Andrew McTear and Jo Watts, both of McTear Williams & Wood Limited, were appointed as joint administrators. Administration is a formal insolvency process in which licensed insolvency practitioners take control of a company to attempt to rescue it, sell it as a going concern, or realise its assets for creditors.

The appointment was made through the High Court rather than by the directors or a qualifying floating charge holder out of court, meaning it followed the court-order route under Schedule B1 of the Insolvency Act 1986.

The officers

Casper Jeremia Maartens Janse van Rensburg is listed as the sole director of Velocity Homes, having been appointed on 6 November 2019, the same day the company was incorporated. He is recorded as resident in England.

For creditors, suppliers and customers

Once administrators are appointed, the conduct of the administration, including communications with creditors, is handled by the appointed firm. McTear Williams & Wood will issue statutory correspondence to known creditors in due course, with contact routed through the firm.

Creditors wishing to evidence what they are owed do so by submitting a proof of debt, the formal claim form used in insolvency proceedings to record the amount a creditor says is outstanding.

From the moment of appointment, a moratorium under paragraph 43 of Schedule B1 of the Insolvency Act 1986 takes effect. This pauses most creditor enforcement action, meaning creditors generally cannot start or continue court proceedings against the company without the court's permission.

Customers who paid deposits or placed orders that were not fulfilled rank as unsecured creditors, those whose debts are not backed by a charge over the company's assets, and sit behind secured and preferential creditors in the distribution hierarchy.

Employee claims for unpaid wages, notice pay and redundancy are treated as preferential or unsecured depending on their nature. The Redundancy Payments Service, a government body, exists to handle statutory redundancy payments where a company cannot meet those obligations itself.