# Huckletree (West) Limited (10434504)

> Why UK company 10434504 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10434504

- **Status:** Administration ended
- **Administration began:** 2024-07-04
- **Administrators' firm:** Quantuma
- **Formerly:** Huckletree (White City) Limited
- **Incorporated:** 2016-10-18
- **Location:** London
- **Industry:** 82110 Combined office administrative service activities

## Why it went into administration

- COVID-19
- Property / lease costs
- Rising costs / inflation
- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

3.1 As stated above, the Company was severally impacted by the Covid-19 lockdown and has been unable to return to pre Covid-19 trading.

3.2 As the leases are all pre-Covid, rent was being charged at a premium high and the Company was unable to increase costs of members, as a significant number of members had already reduced their workspace requirements.

3.3 Despite the Company achieving a turnover of £3,956,982 for the year ended 31 March 2023, there was a loss £390,175 for the year, mostly due to the administrative expenses totalling £4,331,111.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10434504/filing-history/MzQzMzEzMTI3MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10434504

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