# Bothongo Hygiene Solutions UK Limited (12577437)

> Why UK company 12577437 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12577437

- **Status:** Administration ended
- **Administration began:** 2022-02-21
- **Administrators' firm:** Opus Restructuring
- **Formerly:** Healthguard Hygiene Limited
- **Incorporated:** 2020-04-29
- **Location:** St. Albans
- **Industry:** 20411 Manufacture of soap and detergents

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

1.21 Prior to the commencement of Administration, the Company was in the process of negotiating a sale to a major creditor. Opus Restructuring LLP (“Opus”) met with the Board of Directors (“the Board”) to discuss the options available to the directors, should a proposed sale of the business to this creditor not proceed.

1.22 The sale was progressing well, and was expected to complete in mid-February 2022, but on 15 February 2022 the directors in South Africa advised that there was now a prospect that a sale would not be completed.

1.23 The Board, following the advice from Opus and their solicitors, opted to protect its position by filing a Notice of Intention (NOI”) to Appoint Administrators at Court. At this stage, negotiations were still on-going, with solicitors acting for both the purchaser and Bothongo in communication.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12577437/filing-history/MzMzNzMyNDI0OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12577437

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