# Basym Limited (05701721)

> Why UK company 05701721 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05701721

- **Status:** Administration ended
- **Administration began:** 2021-11-04
- **Administrators:** Irvin Milton Cohen, Gary Paul Shankland
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Melt Property Management Limited; Basym Limited; Melt Property Management Limited; Lauretz Limited
- **Incorporated:** 2006-02-08
- **Location:** London
- **Industry:** 68209 Other letting and operating of own or leased real estate

## Why it went into administration

- Funding withdrawn / unable to refinance
- Property / lease costs

## From the administrators' statement

The Company was incorporated in February 2006 by the directors, Evan Maindonald and Lorraine Thurston. Ms Thurston resigned as director on 1 February 2013 and Mr Maindonald has remained as the sole director of the Company.

At the time of our appointment as Administrators, the Company managed a portfolio of leasehold properties, primarily comprised of the following properties: Flat 6, Hythe, The Old Bakery and 3 Harvey Street.

HTB has the benefit of first ranking fixed and floating charges registered against the Company and specific first ranking charges over Flat 6, Hythe and The Old Bakery (collectively “the Properties”). The breakdown of the charge ranking in respect of each property can be seen below.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05701721/filing-history/MzMyNDc3MTc5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05701721

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