Project Dispossessed is an Order Efficiency Ltd initiative centred on the possible acquisition of prime holiday property in Croyde Bay, North Devon, following insolvency and receivership circumstances affecting the current ownership structure.
The project has two connected purposes. The first is commercial: to acquire the property as a distressed or receivership asset and operate it sustainably as a holiday-let business. The second is restorative and strategic: to recognise the remaining former owners as stakeholders, potentially through preferential access, preference-share participation, or another legally appropriate structure.
The wider purpose is to use the Croyde Bay experience as the first live example of a PHC-governed advisory model for groups of people who have been dispossessed of property interests through weak governance, opaque management, disputed control practices, or loss of collective ownership control.