BUSINESS ENVIRONMENT NO.1 LIMITED
Incorporated on 27 February 2006 and based in Hertford, Business Environment No.1 Limited operated within the business support sector. The company has entered insolvency proceedings as detailed in a recent Gazette notice.
What the data was telling us
Readings from The Gazette and Companies House, in the firm's final two years.
Lessons behind the liquidation
The company record shows 16 registered charges, with the most recent being registered on 8 November 2023 in favour of Apex Group Hold Co (UK) Limited. A high volume of security instruments can create intricate creditor layers that become difficult to navigate during periods of financial strain.
With 12 appointments made since 2006 and an average tenure of 13 years, the company maintained a consistent leadership team. Even with stable board composition and no director resignations in the final 12 months, external financial pressures may necessitate formal insolvency procedures.
The company maintained a consistent record of filings, with the last set of accounts submitted on 25 September 2023. Timely filing provides transparency, but it does not serve as a buffer against the underlying insolvency risks indicated by the formal appointment of an officeholder.
The insolvency demonstrates a pattern where long standing corporate entities with diversified security arrangements face pressure when servicing extensive debt obligations.
Every charge, every filing, every appointment, in one dossier.
Director histories across related entities, the full debenture instrument, creditor estimates, and the practitioner's record on comparable cases for BUSINESS ENVIRONMENT NO.1 LIMITED.