Four Seasons Health Care Group Limited (03863850): administration
- Status
- Administration ended
- Administration began
- 2020-08-04
- Administrators
- Jonathan Charles Marston, Mark Granville Firmin, Richard Dixon Fleming
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Idun Health Care Limited; Mixtop Limited
- Incorporated
- 1999-10-22
- Location
- Brighton
- Industry
- 70100 Activities of head offices
Why it went into administration
- Property / lease costs
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Rising costs / inflation
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 22 October 1999 and is a non-trading holding company within the Group. Prior to the sale of the Subsidiary Entities, the Company had 100% . ownership, of 37 direct and indirect subsidiary companies and has no employees.
The Group is one of the largest independent care home and specialist care home providers
"in the UK, with approximately 15,000 employees and 10,500 effective beds. It deals with 92
Administrators' statement of proposals (2020-09-01) · Companies House register