Spaces Urban Living Limited (06123514): administration
- Status
- Administration ended
- Administration began
- 2019-07-29
- Administrators' firm
- Antony Batty
- Formerly
- KBS Developments (Ventures) Limited
- Incorporated
- 2007-02-22
- Location
- London
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Property / lease costs
From the administrators' statement
Spaces Urban Living Limited (“SUL"} was incorporated on 22 February 2007. originally as KBS Developments (Ventures) Limited and changed its name to SUL on 3 July 2012. SUL commenced trading on 22 February 2007 operating as a manager of residential rental properties. SUL was 100% owned by Shehzad Bhunnoo on incorporation. in February 2013 the ownership was transferred to Spaces Property Group Limited. Shehzad Bhunnoo and Mofiz Bhunnoo were the initiat company Directors, Mofiz Bhunnoo later resigned on 18 February 2008. Notwithstanding other temporary company officers as detailed on Companies House, Shehzad Bhunnoo is the sole Company Director.
Spaces Blink Portfolio Limited (“SBP”) was incorporated on 24 May 2013, originally as Spaces Bravomof Portfolio Limited and initially 51% owned by Mofiz Bhunnoo and 49% owned by Shehzad Bhunnoo. SBP did not trade during the first two years and later changed its name to SBP on 29 April 2015 along with a restructure of ownership co 100% owned by Spaces Property Group Limited. SBP commenced trading on 1 May 2015. Shehzad Bhunnoo is the sole company director.
SCP Spaces Chrome Portfolio Limited (“SCP”) was incorporated on 16 July 2015 and initially 100% owned by Spaces Property Group Limited with Shehzad Bhunnoo being the sole Director. SCP commenced trading on 1 August 2015. On 6 April 2017 the ownership of SCP was transferred to Spaces Living Group Limited.
Administrators' statement of proposals (2019-11-11) · Companies House register