Is LX Property Ltd in administration?
Last verified 24 July 2026
Yes, LX Property Ltd (company number 12001059) entered administration on 27 May 2026. Paul Cooper of BTG Begbies Traynor (Central) LLP was appointed as administrator.
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LX Property Ltd is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | 12001059 |
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| Incorporated | 17 May 2019 (7 years old) |
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| Registered office | 134 Buckingham Palace Road, London, SW1W 9SA |
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| Nature of business (SIC) | 68100: Buying and selling of own real estate |
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| Date entered administration | 27 May 2026 |
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| Administrator | Paul Cooper, BTG Begbies Traynor (Central) LLP (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
LX Property Ltd is a UK limited company based in London, incorporated in 2019 and 7 years old when the administrator was appointed. Its registered activity is buying and selling of own real estate (SIC 68100). There have been 2 director appointments since incorporation, of which 1 was on the board when the administrator was appointed, alongside 1 person with significant control. 3 charges have been registered against the company, 2 of which are still outstanding.
Statement of Affairs
No Statement of Affairs is on record for this company. The administrator has up to 75 days from appointment to file one.
Directors
2 people have been appointed as directors of LX Property Ltd.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
85 Lexham Gardens Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
2 ceased controls
- Mr Salah Ali Hussain · ceased 1 Nov 2023
- Mr Ali Jabbar Ali Al Luaibi · ceased 1 May 2024
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingLondon Bridging Limited
A registered charge · Created 1 May 2024 · Pending
OutstandingIcon Funding Limited
A registered charge · Created 1 May 2024 · Pending
SatisfiedManhad Narula
A registered charge · Created 14 Nov 2023 · Satisfied 7 May 2024
What happened
EventDateType
Statement of administrator's proposal24 July 2026AM03 Appointment of an administrator29 June 2026AM01 Registered office address changed from 134 Buckingham Palace Road London SW1W 9SA England to C/O Btg Begbies Traynor(Central)Llp 340 Deansgate Manchester M3 4LY on 2026-06-2929 June 2026AD01 AdministrationStatus27 May 2026
Second filing of Confirmation Statement dated 2025-05-1620 March 2026RP04CS01 +32 earlier events · 2020 to 2025
Confirmation statement made on 2025-12-09 with updates9 December 2025CS01 Total exemption full accounts made up to 2024-12-3119 September 2025AA Previous accounting period shortened from 2025-05-31 to 2024-12-311 August 2025AA01 Total exemption full accounts made up to 2024-05-3130 May 2025AA 16/05/25 Statement of Capital gbp 10017 May 2025CS01 Confirmation statement made on 2024-05-16 with no updates16 May 2024CS01 Satisfaction of charge 120010590001 in full7 May 2024MR04 Termination of appointment of Salah Ali Hussain as a director on 2024-05-012 May 2024TM01 Cessation of Ali Jabbar Ali Al Luaibi as a person with significant control on 2024-05-012 May 2024PSC07 Appointment of Mr Dipendra Amin as a director on 2024-05-012 May 2024AP01 Registration of charge 120010590003, created on 2024-05-012 May 2024MR01 Registration of charge 120010590002, created on 2024-05-012 May 2024MR01 Registered office address changed from 85 Lexham Gardens London W8 6JN England to 134 Buckingham Palace Road London SW1W 9SA on 2024-05-022 May 2024AD01 Notification of 85 Lexham Gardens Limited as a person with significant control on 2024-05-012 May 2024PSC02 Micro company accounts made up to 2023-05-3120 March 2024AA Registration of charge 120010590001, created on 2023-11-1416 November 2023MR01 Cessation of Salah Ali Hussain as a person with significant control on 2023-11-017 November 2023PSC07 Notification of Ali Jabbar Ali Al Luaibi as a person with significant control on 2020-06-036 November 2023PSC01 Confirmation statement made on 2023-05-16 with no updates2 June 2023CS01 Micro company accounts made up to 2022-05-3131 May 2023AA Registered office address changed from 116-120 Sussex Gardens London W2 1UA England to 85 Lexham Gardens London W8 6JN on 2022-08-1111 August 2022AD01 Director's details changed for Mr Salah Ali Hussain on 2022-08-1111 August 2022CH01 Confirmation statement made on 2022-05-16 with updates29 June 2022CS01 Micro company accounts made up to 2021-05-3128 February 2022AA Compulsory strike-off action has been discontinued23 February 2022DISS40 Confirmation statement made on 2021-05-16 with no updates22 February 2022CS01 Compulsory strike-off action has been suspended8 January 2022DISS16(SOAS) First Gazette notice for compulsory strike-off14 December 2021GAZ1 Compulsory strike-off action has been discontinued5 August 2021DISS40 Total exemption full accounts made up to 2020-05-314 August 2021AA First Gazette notice for compulsory strike-off13 July 2021GAZ1 Confirmation statement made on 2020-05-16 with updates2 June 2020CS01 Incorporation17 May 2019NEWINC What this means for you
If you are a creditor
Contact the administrator (BTG Begbies Traynor (Central) LLP) to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
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See how Protect works, £24/mo →Other companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is LX Property Ltd in administration?
- Yes. LX Property Ltd (company number 12001059) entered administration on 27 May 2026. Paul Cooper of BTG Begbies Traynor (Central) LLP was appointed as administrator.
- Who is the administrator of LX Property Ltd?
- Paul Cooper, a licensed insolvency practitioner at BTG Begbies Traynor (Central) LLP, was appointed administrator of LX Property Ltd on 27 May 2026. Creditors can contact the administrator directly to submit a claim.
- What does LX Property Ltd do?
- LX Property Ltd's registered nature of business is buying and selling of own real estate (SIC 68100).
- Where is LX Property Ltd based?
- LX Property Ltd's registered office is 134 Buckingham Palace Road, London, SW1W 9SA. The registered office is the address held on the public register, which is not always the trading address.
- When was LX Property Ltd founded?
- LX Property Ltd was incorporated on 17 May 2019, 7 years before the administrator was appointed.
- What is LX Property Ltd's company number?
- LX Property Ltd's registered company number is 12001059.
- Who has significant control of LX Property Ltd?
- 1 active person with significant control over LX Property Ltd is on the register: 85 Lexham Gardens Limited.
- Does LX Property Ltd have any outstanding charges?
- 2 outstanding charges are registered against LX Property Ltd out of 3 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at LX Property Ltd at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator (BTG Begbies Traynor (Central) LLP) for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of LX Property Ltd?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did LX Property Ltd go into administration?
- LX Property Ltd went into administration on 27 May 2026.
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