# HAT & Mitre PLC (01998904)

> Why UK company 01998904 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01998904

- **Status:** Administration ended
- **Administration began:** 2018-12-19
- **Administrators' firm:** Insolvency Practitioners of CVR Global
- **Formerly:** Maxwell Stamp Group PLC; HAT & Mitre PLC; Maxwell Stamp PLC; Saintfame Limited
- **Incorporated:** 1986-03-12
- **Location:** London
- **Industry:** 68209 Other letting and operating of own or leased real estate

## From the administrators' statement

3.1 The Joint Administrators are advised that the Company had not received rental payments from MSP, the tenant of 34 Farringdon Lane, since 2016. The Joint Administrators understand that this outstanding debt and concern over MSP’s ability to repay the debt caused concern amongst certain board members. There were also concerns raised in respect of purported plans to borrow against the Property.

3.2 The minutes of a board meeting held on 10 December 2018 record that Mr Keith Young, as Chairman, put forward three resolutions which he considered were necessary to protect the interests of the Company. These resolutions were passed by a majority vote. The resolutions put forward included: 1) that no director other than the Chairman be authorised to instruct lawyers or insolvency practitioners on behalf of Hat & Mitre PLC to advise the Company; 2) that the Chairman be authorised to take such action as is necessary and convenient to protect the Company’s property at Abbots Court; and 3) that the Chairman urgently communicate all matters to the Company’s bankers, solicitors and accountants so that they are each informed. 3.3

3.4

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01998904/filing-history/MzIyODAwNDk1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01998904

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