# Geneva Printing Holding Limited (07885058)

> Why UK company 07885058 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07885058

- **Status:** Administration ended
- **Administration began:** 2015-09-23
- **Incorporated:** 2011-12-16
- **Location:** Southampton
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Property / lease costs
- Loss of a key customer, supplier or contract
- Sustained trading losses

## From the administrators' statement

The Company was incorporated in December 2011 and acquired a freehold property from an associated company, Geneva Print and Design Limited (“GPDL”), in Apnl 2042. The property acquisition was financed via a mortgage from Barclays and an inter-company loan The Company’s sole activity was ownership of the property.

The property was let on an informal basis to another associated company, GPSL, which was responsible for the mortgage payments to Barclays, insurance, rates and utilities payments These payments were in lieu of rent.

Both GPDL and GPSL are associated by virtue of a common director and sole shareholder.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07885058/filing-history/MzEzNTU0MTEwMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07885058

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