# Spithead Business Centre Limited (04427791)

> Why UK company 04427791 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04427791

- **Status:** Administration ended
- **Administration began:** 2019-06-25
- **Administrators:** Richard Patrick Brewer, Matthew Richard Meadley Wild
- **Administrators' firm:** RSM
- **Formerly:** Blakedew 348 Limited
- **Incorporated:** 2002-04-30
- **Location:** Eastleigh
- **Industry:** 68100 Buying and selling of own real estate

## Why it went into administration

- Creditor pressure / legal action
- HMRC / tax arrears
- Rising costs / inflation
- Energy costs
- Property / lease costs

## From the administrators' statement

The Company was incorporated on 30 April 2002 in order to acquire a business centre known as Spithead Business Centre, Newport Road, Sandown, Isle of Wight PO36 9PH

The Company's shareholders are The Barnstaple Estate Limited (50%) and Louis Smith Properties (Southsea) Limited (50%) William Smith, the Company's director, is the sole shareholder of The Barnstaple Estate Limited (“TBE”) Willam Smith also holds 19% of the ordinary shares of Louis Smith Properties (Southsea) Limited

The Company operates as a business centre on the Isle of Wight and has approximately 50 units which it rents to a diverse range of industrial and commercial tenants Its turnover is derived from rental income, service charges and recharged utility costs

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04427791/filing-history/MzA3NzAwMjA1MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04427791

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