Ascot Nursing Home Limited (00821731): administration
- Status
- Administration ended
- Administration began
- 2015-01-20
- Administrators
- William Matthew Humphries Tait, Danny Dartnaill
- Administrators' firm
- BDO
- Incorporated
- 1964-10-02
- Location
- London
- Industry
- 86102 Medical nursing home activities
Why it went into administration
- Cash flow / liquidity pressure
- Regulatory change or action
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
From the administrators' statement
21 The Company was incorporated on 2 October 1964. Its principal trading activity was that of the management of a nursing home.
22 The nursing home, based in Ascot, comprises a large converted Edwardian detached dwelling and a purpose built annexe, which catered for up to 75 patients affected by dementia and Alzheimer’s disease
23 Historically the home operated profitably The Financial Statements for the year ended 31 December 2013 show that the Company achieved turnover of £3,875,601 generating a net profit of £617,887.
Administrators' statement of proposals (2015-03-12) · Companies House register