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Reading Theale Centre Limited (07158093): administration

Status
Administration ended
Administration began
2021-03-15
Administrators
Andrew Lawrence Hosking, Franklyn Ofonagoro
Administrators' firm
Quantuma
Incorporated
2010-02-15
Location
London
Industry
68209 Other letting and operating of own or leased real estate

From the administrators' statement

Quantuma Advisory Limited were first approached, and instructed, by the Company on 8 September 2020.

The restructuring team at Quantuma Advisory Limited were initially instructed to prepare an Estimated Outcome Statement for the Company, so that a view could be taken on whether the business could continue as a going concern.

Having exhausted their initial discussions with the Landlord regarding the renegotiation of the lease, a view was taken in February 2021 that the business was no longer viable, following which it was enquired as to whether Andrew Hosking and Frank Ofonagoro would consent to act as Joint Administrators of the Company. They consented and the directors of the Company filed a Notice of Intention to Appoint an Administrator on 3 March 2021.

Administrators' statement of proposals (2021-05-13) · Companies House register

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Reading Theale Centre Limited (07158093)

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