Landlet Limited (01545260): administration
- Status
- Administration ended
- Administration began
- 2022-07-07
- Administrators
- Mark Granville Firmin, Michael Thomas Denny
- Administrators' firm
- Alvarez & Marsal
- Incorporated
- 1981-02-13
- Location
- Brighton
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- COVID-19
From the administrators' statement
The Company was incorporated on 13 February 1981 and is a wholly owned subsidiary of Landlet Holdings Limited (the “Parent”). The Company, based in the South of England, owns three freehold hotels (the “Properties”):
1) OYO Studios @ 28, 28 Belgrave Road, London, SW1V 1RG (“OYO28’) 2) 30/32 Belgrave Road, London, SW1V 1RG (“30/32 Belgrave Road”) 3) OYO London Luton, 1 Mill Street, Luton LU1 2NA (“Mill St”)
At the date of appointment, OYO28 was a trading hotel operated through the OYO brand. 30/32 Belgrave Road was closed, and Mill St was trading under a contract with a third party, Stay Belvedere Hotels Limited (“SBHL”), to house asylum seekers.
Administrators' statement of proposals (2022-09-01) · Companies House register