Spaces London Bridge Limited (10060543): administration
- Status
- Administration ended
- Administration began
- 2018-06-04
- Administrators
- Simon James Bonney, Paul Andrew Zalkin
- Administrators' firm
- Quantuma
- Incorporated
- 2016-03-14
- Location
- Marlow
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
As a result of the events described in section 2, in May 2018 the Company was unable to meet its liabilities to creditors. In addition, it was considered that the Company’s liabilities exceed the value of its assets and consequently, it was Insolvent on both a cash-flow and balance sheet basis as defined in the Act.
On 4 June 2018, Paul Zalkin and Simon Bonney of Quantuma LLP were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by the directors.
The Joint Administrators confirm that they are authorised to carry out all functions, duties and powers by either one or both of them
Administrators' statement of proposals (2018-08-22) · Companies House register