Express LHA Limited (08667159): administration
- Status
- Administration ended
- Administration began
- 2021-02-17
- Administrators
- Andrew Lawrence Hosking, Franklyn Ofonagoro
- Administrators' firm
- Quantuma
- Formerly
- Express 009 Limited
- Incorporated
- 2013-08-28
- Location
- London
- Industry
- 68209 Other letting and operating of own or leased real estate
From the administrators' statement
3.1 Quantuma Advisory Limited were first approached, and instructed, by the Company on 8 September 2020.
3.2 The restructuring team at Quantuma Advisory Limited were initially instructed to prepare Estimated Outcome Statements for the Company, so that a view could be taken on whether the business could continue as a going concern.
3.3 Having exhausted their initial discussions with the Landlord regarding the renegotiation of the lease, a view was taken on 4 February 2021 that the business was no longer viable, following which the directors enquired as to whether Andrew Hosking and Frank Ofonagoro would consent to act as Joint Administrators of the Company. Such consents were duly provided on 4 February 2021, following which the directors of the Company filed a Notice of Intention to Appoint an Administrator on 5 February 2021.
Administrators' statement of proposals (2021-04-20) · Companies House register