UK Administrations Update: October 21-27
Since our last update, several businesses have been confirmed as having fallen into administration.
All dates indicate when the administration was announced, not necessarily when administrators were appointed.
- Chertsey Hillswood Drive Centre Limited - October 21
Chertsey Hillswood Drive Centre Limited, a serviced office provider based in Chertsey, fell into administration. Jessica Leeming and Steven Williams of FRP Advisory were appointed as joint administrators.
In its accounts for the year to December 31, 2023, the company reported a turnover of £784,000, down from £940,000 the previous year, and operating losses widened from £355,000 to nearly £2.1 million.
No comment from the administrators is available at this time.
Author's summary: UK businesses face administration.