Sterling Trust Corporation Limited (12032479): administration
- Status
- In administration
- Administration began
- 2023-09-11
- Administrators
- Neil A Bennett, Dane O'Hara
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2019-06-04
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 4 June 2019 and commenced to trade shortly after being incorporated. The Company was initially incorporated by Mr Andrew Sparham ("Mr Sparham”). Mr Sparham was the sole director and shareholder of the Company at the time of incorporation.
Owing to UK legalisation, in order for the Company to trade as a Trust Corporation, it required share capital of at least £250,000, of which not less than £100,000 had to be paid up.
In October 2019, the shares held by Mr Sparham were transferred to Mrs Cox, who took control of the Company and its trading operations along with Mrs Andrea Christine Mapstone (“Mrs Mapstone’). It is understood that no consideration was paid by Mrs Cox for the shares transferred from Mr Sparham.
Administrators' statement of proposals (2023-11-13) · Companies House register