Sirin Fine Art Limited (06723089): administration
- Status
- Administration ended
- Administration began
- 2012-08-16
- Administrators' firm
- BM Advisory
- Incorporated
- 2008-10-14
- Location
- London
- Industry
- 47781 Retail sale in commercial art galleries
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
Sirin Fine Art Limited (‘the Company”) was incorporated on 14 October 2008 and trades as Hay Hill Gallery The Company was a successor business to Sirin Art Limited, a company established in 2002 by Mikhail Zaitsev at 11B Hay Hill, London, W1J 6DL
At the end of 2007, the landlord of 11B Hay Hill dectded to redevelop the building and the Company had to vacate the premises, In November 2008, the Company moved to 23 Cork Street, London, W1S 3NJ
The old trading name of Hay Hill Gallery was retained and the Company commenced trading from 23 Cork Street in January 2009 As a result of the deteriorating economic climate and high property expenses, together with additional business overheads, the Company struggled.
Administrators' statement of proposals (2012-10-17) · Companies House register