Martin Redrup Developments Limited (03765045): administration
- Status
- Administration ended
- Administration began
- 2013-09-13
- Administrators
- Russell Stewart Cash, Ben Woolrych
- Administrators' firm
- FRP Advisory
- Incorporated
- 1999-05-05
- Location
- Manchester
- Industry
- 93110 Operation of sports facilities
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was incorporated in May 1999 and operates the golf club known as Pryors Hayes Golf Club from Freehold premises in Tarvin, Chester. The Company has operated under the present Director, Mr Martin Redrup, since he purchased the business in 1999,
Pryors Hayes Golf Club Limited (PHGC’) is a separate legal entity with unconnected Directors which acts solely in the collection of subscription fees from the club's members. PHGC does not trade and any monies received are remitted to the Company after the deduction of certain items of expenditure required to maintain the grounds.
In recent years the Company has seen a 58% increase in turnover from £472,427 in 2009 to £747,695 as noted in the draft accounts for the year ended February 2013.
Administrators' statement of proposals (2013-11-07) · Companies House register