# Regenr8 Limited (08985917)

> Why UK company 08985917 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08985917

- **Status:** Administration ended
- **Administration began:** 2019-02-01
- **Administrators:** Mark Elijah Thomas Bowen
- **Administrators' firm:** Lewis Onions Solicitors and Smart Insolvency
- **Incorporated:** 2014-04-08
- **Location:** Droitwich
- **Industry:** 38320 Recovery of sorted materials

## Why it went into administration

- Creditor pressure / legal action
- Funding withdrawn / unable to refinance

## From the administrators' statement

3.1 BCRS Business Loans Limited (‘BCRS’) granted a £70,000 loan to Regenr8 Ltd (‘RGN’) on 13 October 2017. This was the third loan, albeit that only £35,000 was new money advanced, with the balance of £35,000 refinancing the older loans they had with BCRS.

RGN missed repayments of the loan in March 2018. This coincided with RGN entering into a CVA in April 2018.

BCRS then agreed temporary repayments of £1,500 until June 2018, with the intention to review the position at that point in order to establish if payments could be increased.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08985917/filing-history/MzIzMTg1NDEyOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08985917

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