Third Simply Marvellous Properties group company enters administration in March 2026
Simply Marvellous Properties Limited entered administration on 18 March 2026, the third group entity to do so, with charges over a Mayfair flat held by Emirates NBD and Neptune Funding.
Information for general guidance, drawn from the public record. Not legal, financial, or insolvency advice. If you are affected by an insolvency, consult a licensed practitioner or qualified solicitor.
Three companies in the Simply Marvellous Properties group entered administration during March 2026, with joint administrators drawn from two separate insolvency firms appointed across the group. The latest of the three, Simply Marvellous Properties Limited, had its administration order sealed by the Business and Property Courts of England and Wales Insolvency and Companies List (ChD) on 18 March 2026.
Simply Marvellous Properties Limited is a London property company registered at 134 Buckingham Palace Road, SW1W 9SA, and incorporated in June 2016. Its SIC codes cover buying and selling of own real estate and letting of other residential long-term buildings and flats, placing it in the residential property investment sector.
The administrators
Three joint administrators have been appointed. Paul Cooper of BTG Begbies Traynor (London) LLP, IP number 15452, acts alongside Simon Baggs and David Hudson, both of FRP Advisory Trading Limited, whose IP numbers are 29950 and 8977 respectively. An IP number is the licence number issued by an insolvency practitioner's recognised professional body, identifying the individual practitioner.
Administration is a formal insolvency process in which licensed insolvency practitioners take control of a company to try to rescue it, sell it as a going concern, or realise its assets for creditors. Appointing practitioners from two separate firms across a group is unusual and reflects the structure of the individual entities involved.
Related cases extend further. Simply Marvellous Properties Management Limited and Simply Marvellous Properties 3 Limited are also in administration since March 2026, and a case for Simply Marvellous Properties 2 Limited was filed on 12 March 2026, with Baggs and Hudson named as administrators in those proceedings as well.
The director
Khemanand Hurhangee is the sole director at the time of the administration notice, having been appointed on 11 June 2018 and resident in England. Two earlier directors have since resigned: Zaheed Sadrudin Habib Nizar, who served from incorporation in June 2016 until 11 June 2018, and Paresh Shantilal Raja, who served from July 2016 until September 2017.
Secured charges over a Mayfair flat
Two outstanding charges are registered against the company, both secured over the same leasehold property: Flat 59, Cumberland Court, Great Cumberland Place, London, W1H 7DQ, a residential address in the Marble Arch area of central London.
Emirates NBD Bank (P.J.S.C), London Branch, holds the older of the two charges, created on 17 March 2020 and registered at HM Land Registry under title number NGL330167. A secured creditor is one whose debt is backed by a charge over the company's assets, ranking ahead of unsecured creditors when assets are distributed.
Neptune Funding Limited holds the more recent charge, created on 15 August 2023 and delivered to Companies House on 22 August 2023, registered under title number BB11530. That charge contains a fixed charge as defined in clauses 3.2 to 3.4 of the legal charge. A fixed charge attaches to a specific identified asset, giving the holder direct rights over it.
For creditors and suppliers
Once administrators are appointed, they issue statutory communications and payment instructions to known creditors in due course. Correspondence is conducted through the appointed firms: Cooper at BTG Begbies Traynor and Baggs and Hudson at FRP Advisory.
Creditors wishing to evidence amounts owed to them do so by submitting a proof of debt, the formal claim form used in the administration process to record what a creditor is owed.
The administration triggers a moratorium under Schedule B1, paragraph 43 of the Insolvency Act 1986, which pauses most creditor enforcement action. Creditors generally cannot start or continue court proceedings against the company without the court's permission.
Customers with paid-but-undelivered obligations, or others without security over the company's assets, rank as unsecured creditors in the distribution hierarchy, behind secured and preferential creditors.
Where employees are affected, wages, notice pay and redundancy entitlements are treated as preferential claims up to statutory limits. The Redundancy Payments Service, a government body, handles statutory redundancy payments where an employer is insolvent and unable to pay.
Common questions
Are you owed money by Simply Marvellous Properties Limited?
You are an unsecured creditor unless you hold a registered charge or retention of title. The administrators will write to known creditors in due course with a proof-of-debt form and timetable for the first meeting. Until that letter arrives, no formal action is required from you. Read more about proof of debt and where you sit in the creditor hierarchy.
Did you work at Simply Marvellous Properties Limited?
Wages owed up to a statutory cap, holiday pay, notice pay and redundancy may be claimable from the Redundancy Payments Service if the company is unable to pay. The administrators will normally coordinate the RP1 claim with the affected staff. See gov.uk: your rights if your employer is insolvent.
Do you hold a deposit, gift card or undelivered order from Simply Marvellous Properties Limited?
Customers with paid-but-undelivered orders, gift cards or deposits typically rank as unsecured creditors. Where you paid by credit card and the amount was over £100, Section 75 of the Consumer Credit Act 1974 may let you claim from the card issuer for breach of contract or misrepresentation by the supplier; the rules apply per item, not per transaction, and the card must be a regulated credit card. Debit-card payments may be recoverable via chargeback.
Are you a director of a company connected to Simply Marvellous Properties Limited?
Watch for Section 216 of the Insolvency Act 1986 if you intend to keep trading under a similar name in a successor company. The rule prohibits a director of a liquidated company from being involved in another company using the same or a similar name for five years, unless one of the statutory exceptions applies. Read more about Section 216.
Sources
- The London Gazette notice (code Appointment of Administrators)
- Companies House record 10223572
- Court: Business and Property Courts of England and Wales lnsolvency and Companies List (ChD)
- Editorial standards: how we source and review; five-pass pipeline.
