Hodge & Wilson Ltd. (04185020): administration
- Status
- In administration
- Administration began
- 2025-07-17
- Administrators
- Lila Thomas, Raj Mittal
- Administrators' firm
- FRP Advisory
- Incorporated
- 2001-03-22
- Location
- Preston
- Industry
- 87300 Residential care activities for the elderly and disabled
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- COVID-19
- Regulatory change or action
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 22 March 2001 by Peter Hodge and Vincent Wilson to operate a residential care home known as The Pines, 106 Vyner Road South, Prenton, Merseyside, CH43 7PT. In 2005 the business was acquired by the current Directors, Anil and Ramesh Patel. The Company employs 22 staff and has capacity for 24 residents. The Company is a wholly owned subsidiary of TCL.
Natwest has the benefit of a debenture dated 3 December 2001 and a legal charge over the property dated 6 January 2004, The main borrowing is a £1million term loan in TCL, which is guaranteed by both the Company and BNHL (a company connected by common control).
The Directors advised that historically the Company had traded profitably and had maintained a good standard of care. However, issues arose in 2019 when following a routine Inspection by the CQC the service was rated Inadequate and was placed into special measures. At this time the Home could not take in any new residents until the CQC and local authority were satisfied that standards had improved. The Home was then further impacted by the COVID-19 pandemic. The Home has since made vast improvements to the service.
Administrators' statement of proposals (2025-09-09) · Companies House register