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Strabens Hall Limited (06015275): administration

Status
Administration ended
Administration began
2024-09-10
Administrators
Robert Ferne, Gary Paul Shankland
Administrators' firm
Begbies Traynor
Incorporated
2006-11-30
Location
London
Industry
64999 Financial intermediation not elsewhere classified

Why it went into administration

From the administrators' statement

The information below and contained elsewhere in this document has been prepared from the knowledge obtained by us and our staff, together with information contained within the Company's accounts at Companies House and from staff working at the Company.

The Company is regulated by the Financial Conduct Authority (“FCA”) under the reference number 461795 and commenced trading in 2007 providing regulated financial and wealth management advice to private clients, including non-UK residents holding UK financial products and other assets. SHL traded from leasehold premises in Central London and employed c. 25 staff.

We refer you to our SIP16 Statement, attached at Appendix 5, which sets out, to the best of our knowledge and belief, the details of the trading history, including reasons for the eventual entry into Administration and the simultaneous sale of the Company’s assets to the Purchaser (which occurred following an accelerated mergers and acquisitions (“AMA”) process undertaken in the lead up to the Administration by BTGA and Begbies).

Administrators' statement of proposals (2024-09-30) · Companies House register

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Strabens Hall Limited (06015275)

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