# Millburn Insurance Company Limited (00416596)

> Why UK company 00416596 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00416596

- **Status:** Administration ended
- **Administration began:** 2013-12-09
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Heydale KEY Registration Company Limited
- **Incorporated:** 1946-08-06
- **Location:** London
- **Industry:** 65120 Non-life insurance

## Why it went into administration

- Regulatory change or action

## From the administrators' statement

Millburn Insurance Company Limited (the Company”) was incorporated on 6 August 1946 as Heydale Key Registration Company Limited and commenced trading as a provider of insurance services, in respect of lost keys and document cases On 14 February 2005 the Company adopted its present name The Company was authorised by the Financial Services Authority (‘FSA’) with effect from 1 December 2001 to provide nonlife general insurance Following a reorganisation of the FSA, in April 2013, the Company was subsequenily authorised for the same purpose by both the Financial Conduct Authority (FCA’) and the Prudential Regulation Authority (‘PRA’)

tn 2005, the Company was purchased by Kinnell Holdings Limited (“Kinneli’), the ulttmate parent company of the Kinnell Group, which comprises various companies that provide insurance and other marketing and sales products, pnmanily to the building and remedial treatment industries As far as the Administrators are aware, the Company had no employees at the date that Kinnell acquired the Company and has not had any employees since, however, t received general corporate services, such as accounting, from Kinnell on a group basis for which we have been advised there was no charge

The Company underwrote a large number of commercial insurance policies, mainly to small and medium sized enterprises, through agreements with a number of insurance sector companies (also known as coverholders)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00416596/filing-history/MzA5MzYyNDgzMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00416596

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.