# Elite Protection Limited (05351070)

> Why UK company 05351070 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05351070

- **Status:** Administration ended
- **Administration began:** 2016-02-16
- **Administrators' firm:** Opus Restructuring
- **Incorporated:** 2005-02-03
- **Location:** Milton Keynes
- **Industry:** 80100 Private security activities

## Why it went into administration

- Competition / price pressure
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 3 February 2005 in the name of Elite Protection Limited The sole director and shareholder at incorporation was Dr John Waite Mrs Penelope Saxby was appointed Director in July 2005 to assist with marketing and sales

Dr Waite was a shareholder in LCS Security (‘LCS’), a residential security patrol company based in North London Mrs Saxby’s husband, Mr David Saxby (‘DS’) was a shareholder and director of LCS, along with Mr Edward Thomas (‘ET’) Mr Peter Williams (‘PW’) was Managing Director and a shareholder in LCS

The Company traded as a security company operating primarily at prestigious locations in London Clients include but are not limited to Omega, Longines, Reiss & Fendi

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05351070/filing-history/MzE0NjQyNDEyM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05351070

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