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ECL 2020 Limited (04838626): administration

Status
Administration ended
Administration began
2020-06-23
Administrators
Philip Lewis Armstrong, Alastair Massey
Administrators' firm
FRP Advisory
Formerly
Energie Corporation Limited; Blusky Investments Limited; Howper 464 Limited
Incorporated
2003-07-19
Location
London
Industry
93110 Operation of sports facilities

Why it went into administration

From the administrators' statement

On the 20 March 2020, the Government ordered all gyms to close to combat

the ‘spread of Covid-19 leading to gym memberships either being frozen or cancelled. The franchisees were, therefore, not receiving any income and

_ therefore were not paying their fees to the Group. — Due to deteriorating financial performance ‘the Group was coming under -

Administrators' statement of proposals (2020-09-05) · Companies House register

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ECL 2020 Limited (04838626)

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