# Marylebone (BG) Assets Management Limited (08841409)

> Why UK company 08841409 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08841409

- **Status:** Administration ended
- **Administration began:** 2015-08-19
- **Incorporated:** 2014-01-13
- **Location:** London
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

The Company had accrued a large liability outstanding to HM Revenue & Customs and had been threatened with a winding up petition Were the petition to be issued, the options available to the Company, and a proposed Administrator, would be diminished

The Company had a large number of employee’s and therefore it was in the benefit of all creditors if these could remain in employment, and avoid any claims arising from redundancy

Notice of intention to appoint an Administrator was filed on 5 August 2015 and, in the days leading up to the eventual appointment, the Administrator investigated the possibilities of rescuing the business, or selling tt, along with the employee’s contracts

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08841409/filing-history/MzEzMjk0MTg4NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08841409

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