# Strongbox Holdings Ltd (10220405)

> Why UK company 10220405 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10220405

- **Status:** Administration ended
- **Administration began:** 2019-01-14
- **Administrators:** Arron Simon Kendall, Simon Robert Thomas
- **Administrators' firm:** Moorfields
- **Incorporated:** 2016-06-08
- **Location:** London
- **Industry:** 80100 Private security activities

## Why it went into administration

- Property / lease costs
- Funding withdrawn / unable to refinance

## From the administrators' statement

The Company was incorporated on 8 June 2016 as an investment and financial company. The Company owns the freehold of Bahama Road, Haydock, St Helens in Merseyside which is occupied by a storage company known as Strongbox Self Storage Ltd (“the Management Company’)

From a review of the information available at the Land Registry, the freehold property has granted 133 leases, one over each storage unit. The 133 leases are owned by investors seeking a return on the premium paid from each lease. The Management Company operates a storage business from the premises and manages the premises by letting out the storage units.

The Company generates ground rent income totalling £18,400 per annum from the leaseholders

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10220405/filing-history/MzIyODQzMDc1NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10220405

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