Freshstart Living / Fresh Start |
The shysters running this outfit |
19th of Jul, 2011 by callana |
Freshstart Living Limited Fresh Start Living Limited Freshstart FSL Investment Properties;
The parties involved;
Andrew (Andew) John Camilleri, erstwhile Managing Director and one time sole shareholder of Freshstart Living Limited, currently bankrupt with debts of in excess of 5million.
I checked the govt insolvency website he is a listed bankrupt so he owes money to people.
Phillip (Philip) Wright, currently the sole director of Freshstart living Limited. His previous Company Wrightchoice Developments Limited is in liquidation with debts of in excess of 4million. Wright is the sole director of Freshstart Living Limited. Cooper Williamson who are handling this liquidation will confirm this Call : 0844 504 1999. Nick Morgan at Cooper Williamson will also confirm that Andrew (Andew) Camilleri) is or was also a client of theirs.
Alan (Paul John) Pierce is the sole shareholder of Freshstart Living Limited. He is the cousin of Andrew (Andew) John Camilleri. His previous company : H.A.Cleaning & Maintainance limited subsequently failed and went into administration. Alan Pierce claims to reside outside british jurisdiction. |
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FreshStart Living has pledged to return money handed over by customers
Thebusinessdesk.com
By Mike Fahy
AMBITIOUS developer FreshStart Living has pledged to return money handed over by customers after the collapse of one its property deals.
The Salford company, which last week announced plans to raise up to £50m from a stock market flotation, exchanged contracts on a portfolio of 77 houses in Greater Manchester which were in receivership. However, its own deal with the receivers fell through.
A sister company, FS Properties Issler Ltd, exchanged contracts with buyers in the run-up to Christmas and urged several clients to place deposit monies in solicitors' client accounts on the first working day of the New Year - January 4.
Despite this, it then failed to complete its own deal with Deloitte, which was acting as Law of Property Act receivers for the portfolio.
FreshStart Living chief executive Charlie Cunningham said that it failed to complete the deal with receivers as an issue arose over stamp duty payments which made it less attractive.
He added that FreshStart clients who have already exchanged contracts for the properties have either already been paid or will be repaid.
"The only people who have lost money in this is FreshStart Living, " he added.
Mr Cunningham, 33, who has joined from London-based corporate broker FinnCap, has expressed his confidence in being able to achieve a stock market flotation of the business this year for a value of up to £50m.
Until last year Fresh Start Living Ltd and several sister firms were run by Salford businessman Andrew Camilleri.
He resigned in January 2011 three months prior to being declared bankrupt. Companies House records show that the business is now owned by Alan Pierce, who is related to Mr Camilleri.
Currently, Fresh Start Living Ltd and at least 25 other active firms with a Fresh Start Living or FSL Properties prefix are being run by sole director Philip Wright, who was previously a director of Salford-based developer Wrightchoice Developments before it was placed into liquidation last year.
A statement of affairs provided by Mr Wright to liquidators Cooper Williamson shows that it owed £4.2m to creditors - £2.1m to trade creditors, around £686, 000 to HMRC and just over £1m to Fresh Start Living Ltd.
Mr Cunningham told TheBusinessDesk.com that part of his new role "is getting the company and its accounts in shape where it is ready for an IPO".
This will include the creation and filing of new group accounts.
"As it stands, we wouldn't view it as suitable (for flotation), but by the time we've done everything we've planned we think there will be a very compelling case for investors."
Mr Cunningham said that he has floated 50-60 small cap companies on AIM in recent years and is confident about the prospects for FreshStart.
"A lot of people I've spoken to in the City are very interested in this as an investment, " he added. |
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FreshStart Living has pledged to return money handed over by customers
Thebusinessdesk.com
By Mike Fahy
AMBITIOUS developer FreshStart Living has pledged to return money handed over by customers after the collapse of one its property deals.
The Salford company, which last week announced plans to raise up to £50m from a stock market flotation, exchanged contracts on a portfolio of 77 houses in Greater Manchester which were in receivership. However, its own deal with the receivers fell through.
A sister company, FS Properties Issler Ltd, exchanged contracts with buyers in the run-up to Christmas and urged several clients to place deposit monies in solicitors' client accounts on the first working day of the New Year - January 4.
Despite this, it then failed to complete its own deal with Deloitte, which was acting as Law of Property Act receivers for the portfolio.
FreshStart Living chief executive Charlie Cunningham said that it failed to complete the deal with receivers as an issue arose over stamp duty payments which made it less attractive.
He added that FreshStart clients who have already exchanged contracts for the properties have either already been paid or will be repaid.
"The only people who have lost money in this is FreshStart Living, " he added.
Mr Cunningham, 33, who has joined from London-based corporate broker FinnCap, has expressed his confidence in being able to achieve a stock market flotation of the business this year for a value of up to £50m.
Until last year Fresh Start Living Ltd and several sister firms were run by Salford businessman Andrew Camilleri.
He resigned in January 2011 three months prior to being declared bankrupt. Companies House records show that the business is now owned by Alan Pierce, who is related to Mr Camilleri.
Currently, Fresh Start Living Ltd and at least 25 other active firms with a Fresh Start Living or FSL Properties prefix are being run by sole director Philip Wright, who was previously a director of Salford-based developer Wrightchoice Developments before it was placed into liquidation last year.
A statement of affairs provided by Mr Wright to liquidators Cooper Williamson shows that it owed £4.2m to creditors - £2.1m to trade creditors, around £686, 000 to HMRC and just over £1m to Fresh Start Living Ltd.
Mr Cunningham told TheBusinessDesk.com that part of his new role "is getting the company and its accounts in shape where it is ready for an IPO".
This will include the creation and filing of new group accounts.
"As it stands, we wouldn't view it as suitable (for flotation), but by the time we've done everything we've planned we think there will be a very compelling case for investors."
Mr Cunningham said that he has floated 50-60 small cap companies on AIM in recent years and is confident about the prospects for FreshStart.
"A lot of people I've spoken to in the City are very interested in this as an investment, " he added. |
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FS took £43k of us for 3 student pods in Montgomery House Manchester that turned out not to exist and are refusing to return our money coming up with all sorts of bull about selling them on and giving us a profit but seven months later and nothing has happened and they don’t even acknowledge or take emails or phone calls now. Also I believe the two sets of solicitors involved Gateleys and Stephensons have not acted in good faith in this transaction and its aftermath which is very worrying for investors. |
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I am so sad that this company is still going. While the director swanned about in a Bentley, investors, lenders, solicitors - and big institutions at that - are being played off against each other. These buildings do exist. But they are not owned nor do they have planning. It is all down to getting enough deposits in and selling off plan, without even lifting a trowel. I am amazed at this new guy thinking he can float this company. Unless he has a major overhaul in mind of the scandalous practices that occur there. People are declared bankrupt - that is not to say they have nothing. They reinvent themselves in another guise and do what they know best. Ripping off punters, staff and apparently the Manchester Evening News thinkls the sun shines. It was a scam and it will be a scam. The projections are good but greed always gets in the way. DO your homework. Don't part with any money unless it is in your solicitors account. Have fun. |
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Fresh Start cheated a lot of investors, how can a company like this get floatation? I paid deposit to this company in the July of 2011 for their so called development in Nottingham, but their sales director Paul Walker refused to write down the exact date of the completion on the reservation form they offerred me, and also refused to pay me back my deposit even they can not finish the student house in Nottingham in August 2012 as they promised.
The reason they refused to give me my money back is that they didnt fail to deliver, but if there is no date of completion, they will never FAIL TO DELIVER. According to the information I got, when they sold the property, they didnt have both the planning permision and the ownership of the property. I put a post on the forum of Residential Landlord about my experience with Fresh Start, but their people asked me to take it off by threaten me their legal team was not happy about it.
English is not my native language, maybe the word I used in the post is not very suitable, but now I am writing a report to the local government in China about this company and my experience, definitely this time there will be no misunderstanding, because I am using my own language, and, the most important, I am telling the FACT, before truth, wording or grammatic issue can not be the excuse of lying.
If someboy can help me to get my money back, please contact me on:
[email protected]
or call me on me mobile in China: 0086-13113310382 |
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Really dishonest and unethical company. My advice is to stay far far away. Perhaps even leave the planet earth.
I lost tens of thousands.
In my case; They have failed to deliver on selling property they categorically stated (in writing) they owned but DID NOT OWN (Victoria House, Milton Street, Nottingham - Check the land registry). Now, they are trying to keep my deposit money under the guise of signing a “non refundable” deposit.
They said they owned the property, conversion was almost complete and we would exchange contracts in a few weeks and complete before the end of LAST YEAR. It turned out that they NEVER even owned the property in the first place. They now expect to keep my deposit (and many others that I am in direct contact with) in case they might be able to purchase this property at some undefined point of time in the future. Totally unacceptable and unreasonable in the eyes of the law.
They obtained "deposit" money from me by MIS-REPRESENTING THE FACT THAT THEY OWNED THE BUILDING and REPRESENTED AN UNREALISTIC TIMESCALE FOR PURCHASE. I relied upon their representations prior to signing the purchase agreement. This was, in the opinion of my solicitor; either negligent or Fraudulent behaviour. You decide.
Now, after spectacularly failing to obtain the freehold to the property for over ONE YEAR and after ignoring most of our phone calls and emails they expect to keep our money?
Disgusting and outrageous behaviour. Not a reputable company at all.
They have acted despicably after their mistakes and refuse to pay us back the deposits that you owe us. |
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If you believe you are the victim of financial wrongdoing, write to;
Tony Hetherington at Financial Mail, 2 Derry Street, London W8 5TS. |
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Hi all,
We've had the following request from The Times newspaper aimed at anyone affected.
I am a journalist for The Times and I am interested in hearing from people who have invested in 'student pods' through companies like Fresh Start Living. Please contact me at [email protected]
Leah |
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Montgomery House landlords are taking action against Fresh Start Living who are failing to honour their rental guarantee agreements. A number of landlords have received nothing since June 2012!!
This situation is alarming as we understand that all pods in the property are currently rented out to students, many of whom have handed over rents for the entire academic year to Fresh Start.
However Fresh Start appear to have so far pocketed the money as many landlords have either received bad cheques or are being fobbed off with the following excuses - promises to pay by the end of the week; computer systems failure; or blaming individual employees as dishonest, incompetent or both!
If you have had similar experiences with this company please contact us via
"I am a journalist for The Times and I am interested in hearing from people who have invested in 'student pods' through companies like Fresh Start Living. Please contact me at [email protected] |
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FSL are not paying rents to many owners of student pods at the Greenock Halls site. They do not reply to customer inquiries, do not pay rents, do not provide information about the HMO registration for the units, do not do their job in general |
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Fresh Start Living Limited has approached creditors with a view to agreement to a CVA (company voluntary arrangement). It is insolvent.
Any creditor considering this option should bear in mind that the director of Fresh Start Living Limited, Philip Wright, placed his last company (Wrightchoice Developments Limited) into a CVA which failed.
Wrightchoice Developments Limited is now in liquidation. The value of creditors is £6million.
NO ONE HAS RECEIVED A PENNY. |
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FSL Management Montgomery Limited trading as Fresh Start Living placed into liquidation
RSM Tenon has been appointed by the Secretary of State as liquidators to FSL Management Montgomery Limited following a winding up order made earlier this week. The company traded with a number of other companies under the name of Fresh Start Living.
The company has been placed into liquidation following the non-payment of rent in excess of £140k to investors in Montgomery House, a student property in South Manchester. Students living at Montgomery House will be unaffected by the Liquidation.
A spokesperson from RSM Tenon commented “we are liaising closely with the investors during our on-going investigations in order to support them throughout this process”.
Any investors or creditors of FSL Management Montgomery Limited should contact RSM Tenon by email
[email protected] |
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There is now a single collective forum to enable Investors in any of the Freshstart Living/FSL companies to voice any concerns/problems we may have had. Please use it, and publish the following website address wherever you can. Hopefully, this will prove beneficial for the many people who have invested money in fresh start living property investments.
www.freshstartlivinginvestors.blogspot.com
also, direct email : [email protected] |
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Notice Code: 2450
Petitions to Wind Up (Companies)
In the High Court of Justice (Chancery Division)
Companies Court No 4211 of 2013
In the Matter of FRESH START LIVING LIMITED
(Company Number 06816500)
and in the Matter of the Insolvency Act 1986
A Petition to wind up the above-named Company Registered No 06816500 of 2nd Floor, Oak Court, Clifton Business Park, Wynne Avenue, Swinton, Manchester M27 8FF, presented on 12 June 2013 by Roger Walters, of 55 Ennismore Gardens, London SW7 1AJ, claiming to be a Creditor of the Company, will be heard at The Royal Courts of Justice, 7 Rolls Building, Fetter Lane, London EC4A 1NL, on 29 July 2013, at 10.30 am(or as soon thereafter as the Petition can be heard).
Any person intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioner or its Solicitor in accordance with Rule 4.16 by 1600 hours on 26 July 2013.
The Petitioner’s Solicitor is Brecher, 4th Floor, 64 North Row W1K 7LL. DX 42701 OXFORD CIRCUS NORTH. (Ref SR/W11-9.) |
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A LONDON property developer is behind a bid to wind up Salford buy-to-let specialist FreshStart Living.
Roger Walters, chief executive of Supercity UK which operates three aparthotels in the capital, is chasing FreshStart over a £20, 000 deposit he paid on 10 flats at a proposed FreshStart student scheme in Nottingham.
He says the scheme is now not going ahead and he wants his money back, but FreshStart insists the development is on track, although it has been delayed.
The company was planning to convert a 30, 000 sq ft office building at the Victoria Shopping Centre into 157 student apartments in time for the 2012-13 academic year.
Mr Walters said: “They didn’t own the property and they never bought it so there was no chance of developing it so I asked for my money back, and they just don’t give it back, it’s incredible, they just don’t.”
Mr Walters issued a statutory demand, which gives a debtor 21 days to pay, and then issued a winding-up petition which was heard in London on Monday. The case was adjourned to give both sides time to submit evidence.
FreshStart’s chief executive Charlie Cunningham said it was “rubbish” that the Nottingham development had been abandoned. “We’ve exchanged contracts which makes us the beneficial owner and we’re going through the planning process to change it into student accommodation. It’s taken much longer than we hoped it would but there’s no question of the scheme not going ahead.”
He added: “He’s reserved six units and is contractually obliged to buy the units and complete. We’ve offered him a number of alternatives but that hasn’t come to anything.”
But Mr Walters told TheBusinessDesk he was not interested in other developments. He said: “I’m not going to let it go, I’m going to take it all the way. They’re not denying they have the money, they even offered to move it to another scheme. They’re not denying it, they just don’t want to give it back.”
A developer for 30 years, Mr Walters said he wanted to “let someone else do the developing” and has also put a deposit of £75, 000 down on six flats at FreshStart’s Trafford Press scheme in Manchester which has not yet been completed.
as featured in businessdesk.com by James Graham |
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