Sarumdale L.P. Limited (02679385): administration
- Status
- Administration ended
- Administration began
- 2012-06-13
- Administrators
- Neil John Mather, Kirstie Jane Provan
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1992-01-21
- Location
- London
- Industry
- 5540
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Company is a wholly owned subsidiary of Sarumdale Limited (“Sarumdale”) The principal activity of Sarumdale was the operation and management of public houses The Company was utilised to purchase one freehold premises, which was then leased to Sarumdalte for trading purposes
Given that the affairs of he Company are inextricably linked with those of Sarumdale, by virtue of the lease and cross guarantee of secured liabilities (see below), we therefore detail below the background
to the appointment of administrators over Sarumdale
Administrators' statement of proposals (2012-08-09) · Companies House register