# Noble Events Limited (16246846)

> Why UK company 16246846 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/16246846

- **Status:** Administration ended
- **Administration began:** 2026-01-07
- **Administrators:** Paul Ellison, Christopher Errington
- **Administrators' firm:** KRE Corporate Recovery
- **Formerly:** VES2 Ltd
- **Incorporated:** 2025-02-12
- **Location:** Reading
- **Industry:** 68202 Letting and operating of conference and exhibition centres

## Why it went into administration

- Rising costs / inflation
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The business was originally incorporated on 12 August 2008 and was established to provide event planning and delivery services to a range of clients including high net worth individuals and large corporations, with a particular focus on the automotive industry. These ranged from conferences to product launches and exclusive media and PR events.

A combination of events resulted in the downturn or deferment of events as a result of a downward trend in marketing budgets of events and increased costs of running agreed events. FRP were instructed to market the business and assets for sale with a view to securing a sale immediately following the founder company being placed into Administration.

After protracted negotiations Vespace International Limited (“Vespace") concluded an acquisition of the business for £90,000. During this process KRE Corporate Recovery provided advice to the purchaser on the mechanics of a purchase via Administration. The acquisition was concluded on the appointment of FRP as Administrators on 14 February 2025 via a subsidiary company VES2 Limited, which subsequently changed its name to Noble Events Limited. A sperate Dubai company was formed to take over the Dubai element of the business and this therefore is not owned by Noble Events Limited and does not constitute an asset in the Administration

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/16246846/filing-history/MzUwNjg2MDczNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/16246846

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