SHB Services Realisations Limited (04002328): administration
- Status
- Administration ended
- Administration began
- 2016-04-25
- Administrators
- Benjamin John Wiles, Phillip Francis Duffy
- Administrators' firm
- Kroll
- Formerly
- BHS Services Ltd; Ibis (580) Limited
- Incorporated
- 2000-05-25
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Property / lease costs
- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Competition / price pressure
- Credit insurance / supplier credit withdrawn
- Parent or group failure
- Regulatory change or action
- Weather / natural events
From the administrators' statement
Statutory information on the Companies and a summary of therr financial history ts included at Appendix 4
BHS Group Limited was the group holding company BHS Services and Lowland are dormant companies Davenbush and BHS Properties were property investment companies with BHS Limited I being the occupying tenant in respect of all properties owned by them
The Companies operated from 129-137 Marylebone Road, London, NW1 5QD All the Companies banked with Barclays whilst BHS Group also banked with Lloyds
Administrators' statement of proposals (2016-06-24) · Companies House register