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Harpers & Hurlingham Limited (07331004): administration

Status
In administration
Administration began
2026-01-29
Administrators
Steven Edwards, Mark Holborow
Administrators' firm
Insolvency Practitioners of Crowe U.K.
Incorporated
2010-07-30
Location
Maidstone
Industry
68310 Real estate agencies

Why it went into administration

From the administrators' statement

In October 2025, the Company received a claim from HMRC for an unpaid liability of £412,208. Within that correspondence, HMRC advised that they would take steps to place the Company into liquidation should payment not be received within the month. As a result, the Director sought professional advice initially from the Company’s accountant, and then from Insolvency Practitioners at Crowe U.K. LLP upon introduction by Henry Reeves & Co Limited. Crowe U.K. LLP initially met with the Director of the Company, Jane Beard, on 23 October 2025 to advise the Company in respect of its financial affairs.

It was established that although the Company was solvent on a balance sheet basis, it was insolvent on a cashflow basis, as it was unable to meet the payment demand made by HMRC.

Various options were discussed with the Director, and it was decided that the most beneficial option for the Company's creditors as a whole would be to sell the business and assets of the Company in a pre-pack Administration. This option would ensure that the employees’ contracts would be transferred to a purchasing party and that other leases and contracts could also be adopted, thus reducing the quantum of potential creditors, should the Company enter into another type of insolvency process.

Administrators' statement of proposals (2026-02-11) · Companies House register

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Harpers & Hurlingham Limited (07331004)

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