The Holwell Sports and Social Club Limited (02324283): administration
- Status
- Administration ended
- Administration began
- 2024-08-15
- Administrators' firm
- Springfields Advisory
- Formerly
- Holwell Sports Association Limited
- Incorporated
- 1988-12-02
- Location
- Leicester
- Industry
- 56302 Public houses and bars
Why it went into administration
- Rising costs / inflation
- Sustained trading losses
- Energy costs
- Cash flow / liquidity pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information obtained from third parties and not from my personal Knowledge as Administrator.
The Company appears to have been incorporated as a Sports and Social Club, which consists of a freehold site at 41 Welby Road, Asfordby Hill, Melton Mowbray, LE14 3RD, and leasehold land.
The site itself has a long association with and was the sporting and social club for the adjoining former British Steel Holwell Steel Works since around 1926 when it was built for the workers’ use. It was known as “the Holwell Institute”. The Company was formed in 1988 to formalise its independence from the Steel Works and encourage a wider membership following the de-nationalisation of British Steel.
Administrators' statement of proposals (2024-10-15) · Companies House register