EED Overseas Limited (09270769): administration
- Status
- Administration ended
- Administration began
- 2016-10-12
- Administrators
- Blair Carnegie Nimmo, Robert Andrew Croxen
- Administrators' firm
- KPMG
- Incorporated
- 2014-10-20
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Over-expansion / investment not recovered
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 20 October 2014 for the purpose of being the principal holding company of tts subsidiary, Middle East
Its head offices were at Park Lane, London, which were occupied under an informal agreement by other companies in the Group
The Company and its subsidiary Middle East sit outside of the corporate structure of the Group outlined below but are owned by the same shareholders They hold the Group's international Intellectual Property and trademarks, and a franchise agreement with a Middle Eastern operator, respectively
Administrators' statement of proposals (2016-11-04) · Companies House register