Exhibitions Holdings Limited (10886834): administration
- Status
- Administration ended
- Administration began
- 2020-04-23
- Administrators
- Patrick Alexander Lannagan, Adam Harris
- Administrators' firm
- Mazars
- Incorporated
- 2017-07-27
- Location
- London
- Industry
- 93290 Other amusement and recreation activities n.e.c.
Why it went into administration
- Property / lease costs
From the administrators' statement
Company History / —
Exhibitions Holdings Limited was incorporated in July 2017 alongside BWLON, both being subsidiaries of BWLON Central Limited. As explained above, the lease of the trading premises in Piccadilly Circus in London’s West End is held in the Company and BWLON traded as an exhibition, showcasing the ‘Body Worlds’ exhibits.
The exhibition opened to the public in October 2018 but BWLON was not able to make a profit, due to lower than anticipated visitor numbers and the high rental costs. The directors concluded that the Company was not going to be viable unless they v were able to © negotiate a reduced-rent with the landlord, as explained further below
Administrators' statement of proposals (2020-06-26) · Companies House register