# Keyline Chartered Security Ltd (03754578)

> Why UK company 03754578 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03754578

- **Status:** Administration ended
- **Administration began:** 2018-04-10
- **Administrators' firm:** Williams & Partners
- **Formerly:** Security Guarding Limited; Keyline Guarding Limited
- **Incorporated:** 1999-04-20
- **Location:** London
- **Industry:** 80100 Private security activities

## Why it went into administration

- Property / lease costs
- HMRC / tax arrears
- Sustained trading losses
- Loss of a key customer, supplier or contract
- Loss-making contracts / project overruns

## From the administrators' statement

The business was established and commenced trading in 1973. The Company was subsequently incorporated on 20 April 1999. Its principal trading activity was that of private security activities. It traded from leasehold premises at Cleeve Grange, Trowbridge Road, Seend, Wiltshire, SN12 6PG. The business was a fresh start and not as a result of an acquisition from an insolvency process.

The lease to the Company’s trading premises is for a term of three years commencing on 25 June 2015 with an annual rent of £48,000, payable monthly. The rent has been paid up to the end of March 2018. 2.3

2.4

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03754578/filing-history/MzIwNDU0ODEwMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03754578

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