Prima Hotels Limited (03601346): administration and why it failed

Prima Hotels Limited (03601346): administration

Status: Administration ended
Administration began: 2015-05-07
Administrators: Ryan Kevin Grant, Catherine Williamson
Administrators' firm: AlixPartners
Incorporated: 1998-07-21
Location: Manchester
Industry: 55100 Hotels and similar accommodation

Why it went into administration

Cash flow / liquidity pressure
Creditor pressure / legal action
Sustained trading losses

From the administrators' statement

The Compames’ own and operate four hotels (together the Hotels) as detailed below.

Company | Hotel name « Address

Prima Stanneylands Hotel Stanneylands Read, Wilmslow, Cheshire, SK9 4EY

Administrators' statement of proposals (2015-06-29) · Companies House register

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Prima Hotels Limited (03601346): administration

Why it went into administration

From the administrators' statement

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Prima Hotels Limited (03601346)