Adam Khan Architects announced appointment of liquidators on 9 October
The director of Adam Khan Architects sunk £137,000 of his own money into his practice before the firm went into liquidation earlier this month.
The practice behind a housing and community centre scheme in Camden which was shortlisted for the Stirling Prize in 2023 announced the appointment of Leonard Curtis as liquidators on 9 October.
A statement of affairs published on Companies House shows the practice went into liquidation owing creditors a total of £306,000.
Almost half of this is owed to Khan, with a further £98,000 owed to HMRC and the remainder owed to 16 other businesses and organisations.
The practice owes almost £62,000 to trade and expense creditors and £11,200 to seven members of staff.
Only £9,105 is available to pay preferential creditors, according to the statement of affairs, including £8,400 of cash and £2,292 of tangible assets.
In the firm’s last full accounts for the year to 30 April 2025 it said it had tangible assets of £162,000 and £23,500 cash at hand but was owed £242,000 by debtors.
It said it had an average of 11 employees during the year, down from 12 in 2024.
The firm’s finalist project for the 2023 Stirling Prize, called Central Somers Town Community Facilities and Housing, features social housing, an after-school club, an adventure playground and premises for a theatre-education charity.
The red-brick building is characterised by a motif of large inverted arches along the parapet line, with RIBA judges describing the scheme as both “confident and challenging”.
The jury said the “playfully designed” scheme had been very well received by the site’s tenants, the surrounding community and the children who used the playground, adding the practice had delivered “a key community asset which is a marked improvement on the previous facility on the site”.
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