Borrow A Boat Ltd (10490013): administration
- Status
- Administration ended
- Administration began
- 2023-03-30
- Administrators
- Philip Harris, Alexander Kinninmonth
- Administrators' firm
- FRP Advisory
- Incorporated
- 2016-11-21
- Location
- Southampton
- Industry
- 77341 Renting and leasing of passenger water transport equipment
Why it went into administration
- Creditor pressure / legal action
- COVID-19
- Regulatory change or action
From the administrators' statement
Borrow a Boat Limited was incorporated on 21 November 2016 and operates a website portal facilitating the charter of yachts and boats for boat owners, charter companies and private individuals wishing to hire a boat from serviced office premises in St Katherine’s Dock, London.
The Company advertises having 45,000 boats available to charter in over 65 countries worldwide (its business model is similar to that of Airbnb).
The Company has seven active directors:
Administrators' statement of proposals (2023-04-24) · Companies House register