# Chertsey Hillswood Drive Centre Limited (07094874)

> Why UK company 07094874 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07094874

- **Status:** In administration
- **Administration began:** 2025-10-14
- **Administrators:** Steven John Williams, Jessica Leeming
- **Administrators' firm:** FRP Advisory
- **Formerly:** Regus (Chertsey Hillswood Drive) Limited
- **Incorporated:** 2009-12-03
- **Location:** Preston
- **Industry:** 68209 Other letting and operating of own or leased real estate

## Why it went into administration

- Sustained trading losses
- Property / lease costs
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 3 December 2009, is a wholly owned subsidiary of IWG Group Holdings S.A.R.L and forms part of the wider IWG Group (“the Group/IWG"). Other connected companies which are relevant to the Administration are:

• IWG Plc (a Jersey registered company) — the ultimate parent company;

• IW Group Services (UK) Limited CIWGS”) — provided management services to the Company;

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07094874/filing-history/MzQ5MTQ3OTEyOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07094874

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