Bridge Hotel (Prestbury) Limited(The) (01387875): administration
- Status
- Administration ended
- Administration began
- 2017-10-24
- Administrators
- Simon Robert Thomas, Arron Simon Kendall
- Administrators' firm
- Moorfields
- Formerly
- Depotpark Limited
- Incorporated
- 1978-09-11
- Location
- London
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was loss making for several years
The Company was suffering cashflow issues
The Company was unable to pay its creditors as and when debts fell due
Administrators' statement of proposals (2017-12-22) · Companies House register