HH No.1 New Holdings Limited ('HH1NH'), HH No.1 Holdings Limited ('HH1H'), HH No.1 Limited ('HH1') and HH No.5 Limited all in administration – together “the Companies” and each “a Company”
On 12 March 2026 David Baxendale, Peter Dickens and Iain Boot of PwC were appointed as Joint Administrators of HH No.1 New Holdings Limited, HH No.1 Holdings Limited and HH No.1 Limited (together, “Pod 1”).
On the same date, David Baxendale, Edward Williams and Alison Grant of PwC were also appointed as Joint Administrators of HH No. 5 Limited (“Pod 5”) (together with Pod 1, the “Companies”).
On 18 March 2026, David Baxendale, Peter Dickens and Iain Boot of PwC were appointed as Joint Administrators of HHA No. 1 Limited, (together part of “Pod 1”).
The Companies own residential housing portfolios comprising approximately c.3,400 homes in total which are leased to a Registered Provider of social housing which is not in an insolvency process. The Registered Provider has granted shared ownership leases of those homes and there is expected to be no impact on the shared owners as a result of the administrations, with the Companies continuing to operate as normal.
The Joint Administrators are engaging closely with key stakeholders, including the Regulator of Social Housing, to ensure continued stability across the portfolios.
The Joint Administrators are acting in the interests of all creditors of Pod 1 and Pod 5 and, following the stabilisation of the Companies, intend to maximise value for the respective portfolios through an orderly sales process.
David Robert Baxendale, Iain David Boot and Peter David Dickens have been appointed as Joint Administrators of HH No.1 New Holdings Limited, HH No.1 Holdings Limited, HH No.1 Limited and HHA No.1 Limited (collectively "Pod 1") to manage their affairs, business and property as their agents and without personal liability.
David Robert Baxendale, Edward Williams and Alison Campbell Grant have been appointed as Joint Administrators of HH No.5 Limited ("Pod 5") to manage its affairs, business and property as its agents and without personal liability.
The Joint Administrators are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The Joint Administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics.
The Joint Administrators may act as controllers of personal data as defined by UK data protection law depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators appointment. Further details are available in the privacy statement on the pwc.co.uk website or by contacting the Joint Administrators.
