Classic Country Hotels Limited (03049751): administration
- Status
- Administration ended
- Administration began
- 2022-07-07
- Administrators
- Steven Phillip Ross, Allan David Kelly
- Administrators' firm
- FRP Advisory
- Incorporated
- 1995-04-25
- Location
- Newcastle upon Tyne
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
Adam Stanborough, the Director contacted FRP Advisory Trading Limited (“FRP”) for some advice on the Company’s financial position and the options available following
an introduction from the shareholder Lee Bramzell to FRP. An initial telephone call was held between the Director and FRP on 6 April 2022.
At that point FRP were made aware of correspondence received from HMRC requesting security in relation to their debts and it was evident that there was no realistic prospect of providing the required security which totalled in excess of £445,000
Administrators' statement of proposals (2022-07-18) · Companies House register