# BGHL Realisations Limited (14707874)

> Why UK company 14707874 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/14707874

- **Status:** Administration ended
- **Administration began:** 2023-08-30
- **Administrators:** Mark Granville Firmin, Andrea Jakes
- **Administrators' firm:** Alvarez & Marsal
- **Formerly:** Babylon Group Holdings Limited
- **Incorporated:** 2023-03-06
- **Location:** Brighton
- **Industry:** 64209 Activities of other holding companies n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Parent or group failure
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 6 March 2023 and is a wholly owned subsidiary of Babylon Holdings Limited (“BHL”). BGHL is a holding company and has three active subsidiaries: BPL, BHSL and Babylon Inc (“Inc”), a US based business which entered into Chapter 7 bankruptcy on 9 August 2023.

The Company is a non-trading holding Company. It had no employees at the date of appointment.

Funding and financial position of the Group

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/14707874/filing-history/MzM5MjE5ODc1MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/14707874

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