Premier Quality Care Limited (04031222): administration
- Status
- Administration ended
- Administration began
- 2011-05-05
- Administrators
- Neil David Gostelow, Colin Michael Trevethyn Haig, Jonathan Scott Pope
- Administrators' firm
- KPMG
- Formerly
- Speed 8401 Limited
- Incorporated
- 2000-07-11
- Location
- Reading
- Industry
- 8512
From the administrators' statement
The Company was incorporated in July 2000 and operates the Old Vicarage Care Home for the elderly from freehold premises based in Sketty, Swansea, Wales, which it acquired in January 2001
The Company ts a subsidiary of Kaippans Care Holdings Limited, which at the time of the Administrators’ appointment also owned four other subsidiaries (Glais House Nursing, Home Limited, Holcombe Hall Nursing Home Limited, Brynderwen House Care Home Limited and Greenfield House Nursing Home Limited). The first three of these companies operated trading care homes, with the latter company, being dormant, owning a closed care home
The Company was funded by the Bank, who hold fixed and floating charges over the Company’s assets, as well as cross guarantees in respect of the indebtedness of the Group The Bank’s exposure stood at approximately £8,429,000 in respect of the Group at the date of the Administrators’ appointment
Administrators' statement of proposals (2011-07-05) · Companies House register