Robert & Doris Watts Healthcare Limited (02874510): administration
- Status
- Administration ended
- Administration began
- 2013-10-25
- Formerly
- Robert and Doris Watts Residential Home Limited
- Incorporated
- 1993-11-23
- Location
- Solihull
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Creditor pressure / legal action
- Regulatory change or action
- Rising interest rates
From the administrators' statement
14 A bnef but comprehensive explanation of the Company’s history 1s set out in the proposal
for a Company Voluntary Arrangement (“CVA”) which was issued by the Company shortly prior to the application for an Administration Order Set out below 1s a summary of that history as there 1s little point in repeating the information in this report The CVA proposal should be read in conjunction with this report
15 The Company’s primary business was the operation of Care Homes in Carterton, Oxfordshire which have now been closed and property development on land in proximity to the Care Homes
Administrators' statement of proposals (2013-11-13) · Companies House register