# TRG Fitness Ltd (08852691)

> Why UK company 08852691 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08852691

- **Status:** Administration ended
- **Administration began:** 2017-10-19
- **Administrators:** Paul Steven Cooper, Stephen Mark Katz
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2014-01-20
- **Location:** London
- **Industry:** 93130 Fitness facilities

## Why it went into administration

- Property / lease costs
- Creditor pressure / legal action

## From the administrators' statement

Whilst the Company has the potential to be profitable, it has been hit with a number of issues which are detailed below.

Shareholder Dispute

The directors have been embroiled in a shareholder dispute with a former director. The former director invested a substantial sum by way of capital and also by way of a loan from a family member. Relations broke down between the current directors and the former director in 2016. That director subsequently resigned and has been chasing repayment since that date.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08852691/filing-history/MzE5Mjc3MjM2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08852691

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