# Bridge Hotel (Prestbury) Limited(The) (01387875)

> Why UK company 01387875 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01387875

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01387875/filing-history/MzE5MzU3MTkxMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01387875

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.