# Kbox Global Limited (09556537)

> Why UK company 09556537 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09556537

- **Status:** Administration ended
- **Administration began:** 2023-10-11
- **Administrators:** Nicholas Holloway, William James Wright
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Splendid Restaurants Limited
- **Incorporated:** 2015-04-23
- **Location:** London
- **Industry:** 56101 Licenced restaurants

## Why it went into administration

- Cash flow / liquidity pressure
- COVID-19
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 23 April 2015. The Company licensed virtual food brands to “dark kitchen” operators and provided a one-stop solution technology platform for training and performance management.

The Company had 18 employees and traded from its leasehold offices in Bethnal Green, London.

The Company is a 100% subsidiary of Kbox Holdings Limited, which is not in insolvency proceedings. Kbox Global S.L (Spain) is a 100% subsidiary of the Company and is currently dormant. The group was ultimately owned through funds controlled and managed by Hoxton Ventures II G.P. LLP.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09556537/filing-history/MzQwMTM1MjU4MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09556537

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