Supersun Limited (01988841): administration
- Status
- Administration ended
- Administration began
- 2011-05-17
- Administrators
- Guy Edward Brooke Mander, Graham Paul Bushby
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Incorporated
- 1986-02-12
- Location
- Milton Keynes
- Industry
- 9261
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 12 February 1986 and traded as Club Diana (“the Club”)
The Club originated as a squash club and has been long established as such in Wellingborough It was acquired by the present owners a number of years ago and investment was subsequently made to extend and develop the Club’s facilities to turn it into a full health and leisure club to include swimmimg, sauna, jacuzzi, gym, créche, function facilities and licensed bar The Club had over 2,000 members
In recent years it became apparent that the Company was unable to meet its debt servicing obligations We understand that efforts were made over a prolonged period at the instigation of the secured creditors to identify a viable proposal to seek either new imvestors, refinance the business or alternatively a sale to secure the Club’s future
Administrators' statement of proposals (2011-07-13) · Companies House register