# LEX Midco 1 Limited (11568316)

> Why UK company 11568316 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11568316

- **Status:** Administration ended
- **Administration began:** 2020-12-11
- **Administrators:** Catherine Williamson, Clare Kennedy, Simon Jonathan Appell
- **Administrators' firm:** AlixPartners
- **Incorporated:** 2018-09-13
- **Location:** 1 Oxford Street
- **Industry:** 64209 Activities of other holding companies n.e.c.

## Why it went into administration

- Funding withdrawn / unable to refinance
- Creditor pressure / legal action

## From the administrators' statement

LEX Midco 1 Limited (the Company) is a holding company within the Group, which owns and operates 38 serviced office spaces in London via a mixture of freehold and long-leasehold properties held in three UK operating companies and a series of Dutch based property holding companies.

The principal assets held by the Company are its shares in LEX Midco 2 Limited (LEX Midco 2), a subsidiary entity, and an inter-company receivable due from the same entity.

AlixPartners UK LLP (AlixPartners) was initially instructed by Regus Group Services Limited (Regus) to provide advisory services in relation to planning for a potential enforcement over certain Company assets following the acquisition of the Mezz Debt by OYD Limited (OYD), another entity in the Regus group.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11568316/filing-history/MzI5MDcwNzc3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11568316

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