New Century Group Holdings Limited (03652670): administration
- Status
- Administration ended
- Administration began
- 2014-02-17
- Administrators
- Simon Jonathan Appell, Alastair Paul Beveridge, Anne Clare O'Keefe
- Administrators' firm
- AlixPartners
- Formerly
- Chargehand Limited
- Incorporated
- 1998-10-20
- Location
- Manchester
- Industry
- 70100 Activities of head offices
Why it went into administration
- Parent or group failure
From the administrators' statement
This report should be read in conjunction with the Administrators’ Disclosure report pursuant to Statement of Insolvency Practice 16 - pre-packaged sale of business or assets (SIP 16), dated 20 February 2014
The Company 1s a holding company with 19 trading subsidiaries (together the Group) and was responsible for the operation of 27 care homes situated throughout the UK, trading as New Century Care The Group also trades the Felbridge Hotel
Zolfo Cooper LLP (ZC) was introduced to the Company by the secured lender, Anchorage Capital Group LLC (ACG) of 610 Broadway, 6" Floor, New York, NY 10012.
Administrators' statement of proposals (2014-03-26) · Companies House register