Laragh House Developments Ltd, a Cambridgeshire-based property development management company, remains mired in liquidation, with creditors facing significant losses as realisations fall far short of debts exceeding £2.3 million.
The latest annual progress report, filed with Companies House by joint liquidators Matthew Howard and Stuart Morton of Price Bailey LLP, covers the year to 11 June 2025. It paints a stark picture of dwindling assets, unresolved inter-company debts, and a protracted process driven largely by the collapse of connected projects.
Limited Assets Recovered
Since their appointment in June 2024, the liquidators have identified only modest recoveries. A total of £12,623 has been realised, consisting of £12,500…