# HE 2011 Limited (04165039)

> Why UK company 04165039 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04165039

- **Status:** Administration ended
- **Administration began:** 2011-08-18
- **Formerly:** Hargate Equine Limited
- **Incorporated:** 2001-02-21
- **Location:** Derby
- **Industry:** 8042

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses

## From the administrators' statement

The Company, which is a not for profit organisation, is a British Horse Society registered centre, providing livery facilities together with a riding school offering BHS training and NVQ positions to students and was incorporated on 21 February 2001 with Mr & Mrs Smith being appointed directors The Company traded out of leasehold premises at Hargate Fields Farm, Eggington Road, Hilton, Derbyshire DE65 5FJ

Prior to incorporation, Hargate Equestrian, which was initially formed in 1997 as a partnership between husband and wife Mr & Mrs Smith, traded as a small livery business to create a career and a livelihood for their two daughters.

As the equestrian business and its revenue streams were growing steadily, the partners on the advice of their accountant, sought professional advice in respect of a tax planning scheme which indicated that the Company would be zero rated for VAT purposes as riding lessons and training were to be classed under educational services and as a result incorporated the Company in 2001.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04165039/filing-history/MzA0MzMxNzk4NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04165039

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