Bayleaf Cleaning Limited (03996326): administration
- Status
- Administration ended
- Administration began
- 2020-10-07
- Administrators
- Anthony John Wright, David Frederick Shambrook
- Administrators' firm
- FRP Advisory
- Incorporated
- 2000-05-18
- Location
- London
- Industry
- 81210 General cleaning of buildings
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Parent or group failure
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 18 May 2000 and operated from leasehold premises at 24-28 Charing Cross Road, London, WC2. BCL specialised in premium commercial cleaning services across London and sought to differentiate itself on quality, price, service and innovation to deliver hygienic and productive environments for its clients. The Company employed over 300 part time and full time staff.
BCL offered a full suite of cleaning and handyman services to commerciai, retail, educational, leisure and public sector London based clients, including a number of household and luxury retail clients.
The Company was part of a wider group of companies in which BCL was the main trading entity. In November 2017, EL was incorporated for the purpose of acquiring, BCL's parent company, with the acquisition being funded by loans from TP and MIL in the sum of £4.5m and £750k respectively, vendor loan notes in the sum of £1.4m and investor loan notes in the sum of £825k.
Administrators' statement of proposals (2020-11-02) · Companies House register