Blue Water Capital and MHA have been appointed joint administrators to oversee this process.

This appointment was made on 20th June.

The former issued the following statement: “Godwin Capital advised Blue Water Capital Limited last week that despite their efforts to turn the business around, the group would be entering into an insolvency process.

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“We can confirm that pursuant to the charge held we have appointed MHA to act as joint administrators on behalf of the secured creditors.”

Godwin Developments was unreachable despite repeated attempted contacts by Development Finance Today.

In addition, the websites for both Godwin Capital and Godwin Developments, were both down at the time of writing.

No statement has been made via the firm’s social media handles.

Most recently, Godwin Developments was in the news for the hire of Yuved Bheenick who was appointed as residential development director.

He spent six months at Godwin before joining Bellway Homes South London as a land director this February.