Risk in Focus: Sheen Lane Heads for Collapse

Sheen Lane Developments Limited filed for administration on 6th January 2025.

Sheen Lane Developments Limited, a Richmond-based property developer established in 2013, enjoyed early success, delivering numerous residential and commercial projects across London and the South East. With a Gross Development Value (GDV) exceeding £1 billion, the company established a strong presence in the market. 

However, despite this initial success, Sheen Lane began to exhibit financial warning signs, culminating in insolvency proceedings. This report delves into the critical risk indicators that foreshadowed the company's downfall - including a low H-Score®, concerning language in financial reports, unsatisfied County Court Judgments (CCJs), audit report warnings, and patterns of phoenix activity - providing a detailed analysis of how and when these red flags emerged.