Berkeley Asset Finance Ltd (10258454): administration
- Status
- Administration ended
- Administration began
- 2020-10-02
- Incorporated
- 2016-06-30
- Location
- Northampton
- Industry
- 64303 Activities of venture and development capital companies
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated on 30 June 2016 and traded as an asset-backed finance Company providing loans to the small- and medium-sized enterprise market.
The Company traded from Lansdowne House, 57 Berkeley Square, London, W1J 6ER, together with several related companies under common management. On or about 13 September 2020, the Company relocated to its current office premises at 124 Baker Street, London, W1U 6TY. Neither the Berkeley Square nor the Baker Street office premises are owned by the Company. | am seeking to obtain a copy of the lease agreements to determine which of the related companies were the lessees under the leases
The Company provided its asset-backed loans by obtaining funding from outside lenders and investors including, client funds held by an associated network, through advances of client trust funds of a related network of law firms, Kingly Solicitors Limited (“Kingly”), via loans through two related intermediary companies, Kash1 Limited (“Kash1”) and Kash2 Limited (“Kash2”) (“Kash1 and Kash2 are hereinafter collectively referred to as the “Kash Entities”).
Administrators' statement of proposals (2020-12-05) · Companies House register