UK Serviced Office Firm Ceases Trading
iHub Office, a serviced office operator in Birmingham and Manchester, has ceased trading and its staff of seven have been made redundant.
Arvindar Jit Singh and Rajnesh Mittal, partners at business advisory firm FRP, became joint administrators of iHub Office earlier this month.
During the pandemic, the company faced major financial obstacles due to more clients working from home not needing office space.
“iHub Office has been unable to meet its financial obligations and has become insolvent,” said Mittal. “We’re now focused on ensuring efficient communication with creditors as part of our statutory duties and working with the staff at iHub Office to help them access the appropriate redundancy support.”
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