# Menzies Hotels Limited (02519633)

> Why UK company 02519633 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02519633

- **Status:** Administration ended
- **Administration began:** 2013-11-29
- **Administrators:** Jane Bronwen Moriarty, Robert Andrew Croxen
- **Administrators' firm:** KPMG
- **Formerly:** Dalridge Limited
- **Incorporated:** 1990-07-06
- **Location:** Reading
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

Menzies is a hotel group mvolved in the operation, ownership and leasing of hotels across the UK

The Group has historically had significant Bank borrowings which were a legacy from the orginal acquisition of the Group in late 2006 and the subsequent acquisition of a number of Thistle branded hotel properties

The UK regional hotel market has been very difficult since the onset of the recession in the UK in 2007, only recently showing signs of recovery The Group has found trading extremely challenging throughout the downturn

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02519633/filing-history/MzA5MTI4OTExMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02519633

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