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THE ASSET EXCHANGE LTD

THE ASSET EXCHANGE LTD

  • Overview
  • Summary
  • Purpose
  • Address
  • Previous names
  • Accounts
  • Confirmation Statement
  • Filings
  • Officers
  • Persons with significant controls
  • Charges
  • Insolvency
  • Data Source

    • Overview

    Company NameTHE ASSET EXCHANGE LTD
    Company StatusIn Administration
    Legal FormPrivate limited company
    Company Number 08679485
    JurisdictionEngland/Wales
    Date of Creation

    Summary

    Has Super Secure PSCsNo
    Has ChargesYes
    Has Insolvency HistoryYes
    Registered Office is in DisputeNo

    What is the purpose of THE ASSET EXCHANGE LTD?

    • Sale of used cars and light motor vehicles (45112) / Wholesale and retail trade; repair of motor vehicles and motorcycles
    • Agents specialised in the sale of other particular products (46180) / Wholesale and retail trade; repair of motor vehicles and motorcycles
    • Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors (64921) / Financial and insurance activities

    Where is THE ASSET EXCHANGE LTD located?

    Registered Office Address
    Jupiter House Warley Hill Business Park
    The Drive
    CM13 3BE Brentwood
    Essex
    Undeliverable Registered Office AddressNo

    What were the previous names of THE ASSET EXCHANGE LTD?

    Previous Company Names
    Company NameFromUntil
    THE CAR LOAN CENTRE LTDSep 05, 2013Sep 05, 2013

    What are the latest accounts for THE ASSET EXCHANGE LTD?

    OverdueYes
    Next Accounts
    Next Accounts Period End OnDec 31, 2023
    Next Accounts Due OnSep 30, 2024
    Last Accounts
    Last Accounts Made Up ToDec 31, 2022

    What is the status of the latest confirmation statement for THE ASSET EXCHANGE LTD?

    OverdueYes
    Last Confirmation Statement Made Up ToMar 13, 2024
    Next Confirmation Statement DueMar 27, 2024
    Last Confirmation Statement
    Next Confirmation Statement Made Up ToMar 13, 2023
    OverdueYes

    What are the latest filings for THE ASSET EXCHANGE LTD?

    Filings
    DateDescriptionDocumentType

    Termination of appointment of Alan Colin Tomlin as a director on Oct 30, 2025

    		1 pagesTM01

    Administrator's progress report

    		56 pagesAM10

    Administrator's progress report

    		67 pagesAM10

    Notice of extension of period of Administration

    		4 pagesAM19

    Termination of appointment of Keith James Barnes as a director on Jan 17, 2025

    		1 pagesTM01

    Administrator's progress report

    		75 pagesAM10

    Result of meeting of creditors

    		6 pagesAM07

    Statement of administrator's proposal

    		85 pagesAM03

    Registered office address changed from 77 Wollaston Way Burnt Mills Industrial Estate Basildon SS13 1DJ England to Jupiter House Warley Hill Business Park the Drive Brentwood Essex CM13 3BE on Apr 12, 2024

    		3 pagesAD01

    Appointment of an administrator

    		4 pagesAM01

    Appointment of Mr Keith James Barnes as a director on Nov 03, 2023

    		2 pagesAP01

    Termination of appointment of Mark Burgess as a director on Oct 13, 2023

    		1 pagesTM01

    Full accounts made up to Dec 31, 2022

    		29 pagesAA

    Appointment of Mr Mark Burgess as a director on Sep 01, 2023

    		2 pagesAP01

    Termination of appointment of Philip John Knowles as a director on Aug 27, 2023

    		1 pagesTM01

    Confirmation statement made on Mar 13, 2023 with no updates

    		3 pagesCS01

    Registration of charge 086794850087, created on Dec 23, 2022

    		24 pagesMR01

    Full accounts made up to Dec 31, 2021

    		26 pagesAA

    Confirmation statement made on Mar 13, 2022 with no updates

    		3 pagesCS01

    Full accounts made up to Dec 31, 2020

    		22 pagesAA

    Satisfaction of charge 086794850067 in full

    		1 pagesMR04

    Satisfaction of charge 086794850068 in full

    		1 pagesMR04

    Satisfaction of charge 086794850082 in full

    		1 pagesMR04

    Satisfaction of charge 086794850083 in full

    		1 pagesMR04

    Registration of charge 086794850085, created on Nov 04, 2021

    		23 pagesMR01
    View All Filings

    Who are the officers of THE ASSET EXCHANGE LTD?

    Officers
    NameAppointed OnResigned OnRoleAddressCompany IdentificationCountry of ResidenceNationalityDate of BirthOccupationNumber
    BARNES, Keith James
    Warley Hill Business Park
    The Drive
    CM13 3BE Brentwood
    Jupiter House
    Essex
    		Director
    Warley Hill Business Park
    The Drive
    CM13 3BE Brentwood
    Jupiter House
    Essex
    		EnglandBritish213972080001
    BURCH, Steven John
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    England
    		Director
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    England
    		EnglandBritish146659700001
    BURGESS, Mark
    Wollaston Way
    Burnt Mills Industrial Estate
    SS13 1DJ Basildon
    77
    England
    		Director
    Wollaston Way
    Burnt Mills Industrial Estate
    SS13 1DJ Basildon
    77
    England
    		United KingdomBritish313107290001
    FRYATT, David Leonard
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    England
    		Director
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    England
    		United KingdomBritish140581930001
    KNOWLES, Philip John
    Wollaston Way
    Burnt Mills Industrial Estate
    SS13 1DJ Basildon
    77
    England
    		Director
    Wollaston Way
    Burnt Mills Industrial Estate
    SS13 1DJ Basildon
    77
    England
    		United KingdomBritish246231610001
    NOONAN, Gareth Howard
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		Director
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		EnglandAmerican165495210001
    PARSONS, Anthony Mark
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		Director
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		EnglandBritish200501630001
    PARSONS, Peter Ian
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		Director
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		United KingdomBritish204902550002
    PARSONS, Peter Ian
    Hovefields Avenue
    SS13 1EB Basildon
    Supreme House
    Essex
    England
    		Director
    Hovefields Avenue
    SS13 1EB Basildon
    Supreme House
    Essex
    England
    		United KingdomBritish179532560001
    TOMLIN, Alan Colin
    Warley Hill Business Park
    The Drive
    CM13 3BE Brentwood
    Jupiter House
    Essex
    		Director
    Warley Hill Business Park
    The Drive
    CM13 3BE Brentwood
    Jupiter House
    Essex
    		United KingdomBritish51238760003
    WAELDE, Frank
    Hovefields Avenue
    SS13 1EB Basildon
    Supreme House
    Essex
    England
    		Director
    Hovefields Avenue
    SS13 1EB Basildon
    Supreme House
    Essex
    England
    		GermanyGerman174387480001
    View Detailed Information on Officers and People with Significant Control

    Who are the persons with significant control of THE ASSET EXCHANGE LTD?

    Persons with significant controls
    NameNotified OnAddressCeased
    Asset Exchange Holdings Limited
    238 London Road
    SS12 0JX Wickford
    Unit 15
    Essex
    United Kingdom
    		Dec 23, 2016
    238 London Road
    SS12 0JX Wickford
    Unit 15
    Essex
    United Kingdom
    		No
    Legal FormPrivate Limited Company
    Legal AuthorityCompanies Act 2006
    Natures of Control
    • The person holds, directly or indirectly, more than 75% of the shares in the company.
    • The person holds, directly or indirectly, more than 75% of the voting rights in the company.
    • The person holds the right, directly or indirectly, to appoint or remove a majority of the board of directors of the company.
    Mr Peter Ian Parsons
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		Jul 31, 2016
    238, London Road
    SS12 0JX Wickford
    Unit 15 Alpha Centre
    Essex
    		Yes
    Nationality: British
    Country of Residence: United Kingdom
    Natures of Control
    • The person holds, directly or indirectly, more than 75% of the shares in the company.
    • The person holds, directly or indirectly, more than 75% of the voting rights in the company.
    • The person holds the right, directly or indirectly, to appoint or remove a majority of the board of directors of the company.
    • The person has the right to exercise, or actually exercises, significant influence or control over the company.
    View Detailed Information on Persons with Significant Control

    Does THE ASSET EXCHANGE LTD have any charges?

    Charges
    ClassificationDatesStatusDetails
    A registered charge
    Created On Dec 23, 2022
    Delivered On Jan 04, 2023
    		Outstanding
    Floating Charge Covers All: Yes
    Contains Negative Pledge: Yes
    Contains Floating Charge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • IL2 (2018) S.Á.R.L.
    Transactions
    • Jan 04, 2023Registration of a charge (MR01)
    A registered charge
    Created On Nov 04, 2021
    Delivered On Nov 11, 2021
    		Outstanding
    Floating Charge Covers All: Yes
    Contains Negative Pledge: Yes
    Contains Floating Charge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • IL2 (2018) S.A.R.L.
    Transactions
    • Nov 11, 2021Registration of a charge (MR01)
    A registered charge
    Created On Nov 04, 2021
    Delivered On Nov 11, 2021
    		Outstanding
    Floating Charge Covers All: Yes
    Contains Negative Pledge: Yes
    Contains Floating Charge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Industrial Lending 1 S.A.
    Transactions
    • Nov 11, 2021Registration of a charge (MR01)
    A registered charge
    Created On May 10, 2021
    Delivered On May 11, 2021
    		Outstanding
    Chargor Acting as Bare Trustee: Yes
    Contains Negative Pledge: Yes
    Contains Floating Charge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Siemens Financial Services Limited
    Transactions
    • May 11, 2021Registration of a charge (MR01)
    A registered charge
    Created On May 15, 2020
    Delivered On May 22, 2020
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • May 22, 2020Registration of a charge (MR01)
    • Nov 30, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On May 15, 2020
    Delivered On May 22, 2020
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • May 22, 2020Registration of a charge (MR01)
    • Feb 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Aug 27, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Nov 30, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Apr 09, 2020
    Delivered On Apr 14, 2020
    		Outstanding
    Floating Charge Covers All: Yes
    Contains Negative Pledge: Yes
    Contains Floating Charge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Hampshire Trust Bank PLC
    Transactions
    • Apr 14, 2020Registration of a charge (MR01)
    A registered charge
    Created On Mar 06, 2020
    Delivered On Mar 06, 2020
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Mar 06, 2020Registration of a charge (MR01)
    • Aug 27, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Mar 06, 2020
    Delivered On Mar 06, 2020
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Mar 06, 2020Registration of a charge (MR01)
    • Jun 05, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Mar 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jul 29, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Aug 27, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Feb 19, 2020
    Delivered On Feb 19, 2020
    		Outstanding
    Contains Negative Pledge: Yes
    Contains Floating Charge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Shawbrook Bank LTD
    Transactions
    • Feb 19, 2020Registration of a charge (MR01)
    A registered charge
    Created On Nov 21, 2019
    Delivered On Dec 10, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Dec 10, 2019Registration of a charge (MR01)
    • Apr 17, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jul 29, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Nov 21, 2019
    Delivered On Dec 10, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Dec 10, 2019Registration of a charge (MR01)
    • Jun 05, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jul 29, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Aug 21, 2019
    Delivered On Sep 05, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Sep 05, 2019Registration of a charge (MR01)
    • Apr 17, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Aug 21, 2019
    Delivered On Sep 05, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Sep 05, 2019Registration of a charge (MR01)
    • Jun 05, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Jun 04, 2019
    Delivered On Jun 12, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Jun 12, 2019Registration of a charge (MR01)
    • Nov 13, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Dec 03, 2019Satisfaction of a charge (MR04)
    A registered charge
    Created On Jun 04, 2019
    Delivered On Jun 12, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Jun 12, 2019Registration of a charge (MR01)
    • Nov 13, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Dec 03, 2019Satisfaction of a charge (MR04)
    A registered charge
    Created On Feb 28, 2019
    Delivered On Mar 08, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Mar 08, 2019Registration of a charge (MR01)
    • Nov 13, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Apr 17, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jul 29, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Feb 28, 2019
    Delivered On Mar 08, 2019
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Mar 08, 2019Registration of a charge (MR01)
    • Nov 13, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Dec 03, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jul 29, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Jan 23, 2019
    Delivered On Jan 25, 2019
    		Outstanding
    Floating Charge Covers All: Yes
    Contains Negative Pledge: Yes
    Contains Floating Charge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • IL2 (2018)
    Transactions
    • Jan 25, 2019Registration of a charge (MR01)
    A registered charge
    Created On Nov 22, 2018
    Delivered On Nov 27, 2018
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Nov 27, 2018Registration of a charge (MR01)
    • Nov 30, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Nov 22, 2018
    Delivered On Nov 23, 2018
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Nov 23, 2018Registration of a charge (MR01)
    • Apr 04, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jun 10, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Nov 13, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Dec 03, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jun 05, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Mar 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Nov 30, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Nov 16, 2018
    Delivered On Nov 19, 2018
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Nov 19, 2018Registration of a charge (MR01)
    • Apr 04, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jun 10, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Dec 03, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Apr 17, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jun 05, 2020Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Mar 23, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Aug 28, 2018
    Delivered On Aug 29, 2018
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Aug 29, 2018Registration of a charge (MR01)
    • Oct 22, 2018Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Apr 04, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Nov 13, 2019Satisfaction of a charge (MR04)
    A registered charge
    Created On Jun 27, 2018
    Delivered On Jun 28, 2018
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Jun 28, 2018Registration of a charge (MR01)
    • Oct 22, 2018Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Nov 19, 2018Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Apr 04, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jun 10, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Nov 13, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Dec 03, 2019Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Feb 23, 2021Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Mar 23, 2021Satisfaction of a charge (MR04)
    A registered charge
    Created On Mar 26, 2018
    Delivered On Mar 28, 2018
    		Satisfied
    Contains Negative Pledge: Yes
    Contains Fixed Charge: Yes
    Persons Entitled
    • Asset Advantage Limited
    Transactions
    • Mar 28, 2018Registration of a charge (MR01)
    • Nov 19, 2018Part of the property or undertaking has been released and no longer forms part of the charge (MR05)
    • Jun 05, 2020Satisfaction of a charge (MR04)
    View Detailed Information on Charges

    Does THE ASSET EXCHANGE LTD have any insolvency cases?

    Case NumberDatesTypePractitionersOther
    1
    DateType
    Feb 28, 2024Administration started
    		In administration
    NameRoleAddressAppointed OnCeased On
    Geoffrey Paul Rowley
    2nd Floor, 110 Cannon Street
    EC4N 6EU London
    		practitioner
    2nd Floor, 110 Cannon Street
    EC4N 6EU London
    Ian James Corfield
    2nd Floor 110 Cannon Street
    EC4N 6EU London
    		practitioner
    2nd Floor 110 Cannon Street
    EC4N 6EU London
    Glyn Mummery
    Jupiter House Warley Hill Business Park
    The Drive
    CM13 3BE Brentwood
    Essex
    		practitioner
    Jupiter House Warley Hill Business Park
    The Drive
    CM13 3BE Brentwood
    Essex
    View Detailed Information on Insolvency Cases

    Data Source

    • UK Companies House
      The official register of companies in the UK, providing public access to company information such as names, addresses, directors, and financial filings.
    • license: CC0