HEY Green Ltd (03975720): administration
- Status
- Administration ended
- Administration began
- 2012-11-29
- Administrators' firm
- BDO
- Formerly
- Hunter Dolman Properties Limited; Hunter & Dolman Properties Limited
- Incorporated
- 2000-04-18
- Location
- Liverpool
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in April 2000 by the current Directors / shareholders, who acquired the business as a going concern. This was funded by a term loan of £245k provided by National Westminster Bank plc (“the Bank”) and through personal capital injection
The Company operates as Hey Green Hotel (“the Hotel”) and trades from its freehold premises in Marsden The Company also operated New Inn Public House in Marsden pub (“the Pub”) as a tenant under a tenancy at will which was entered into in October 2007 Prior to our appointment, the Company employed 29 employees, including the two Directors.
The Hotel 1s a country house based in Marsden, West Yorkshire with 12 bedrooms It originally commenced trading as a general hotel with an in-house restaurant and function room.
Administrators' statement of proposals (2013-01-28) · Companies House register