Quality Central Properties Limited (04361553): administration
- Status
- Administration ended
- Administration began
- 2011-05-09
- Administrators
- Simon Robert Thomas, Robert Harry Pick
- Administrators' firm
- Moorfields
- Incorporated
- 2002-01-28
- Location
- London
- Industry
- 5510
From the administrators' statement
The Company was incorporated on 28 January 2002 as Quality Central Properties Limited and trades from Hotel 1897, 4 Nursery Street, Sheffield, S3 8GG
The Company's principal business interest is that of a Hotel
There is limited information on the cause of business failure due to the hostile nature of the appointment The Director of the Company advised that the business had not been trading as a traditional hotel for 18 months prior to the Administration and that this was due to negative press about the hotel affecting bookings A revised strategy was implemented in which rooms were let on a longer term basis, however this did not generate sufficient revenue to meet the mortgage repayments | was advised by the Qualifying Floating Charge holder, Santander UK pic (“Santander”), that the Company had failed to respond to requests for payment and a final demand was issued on 18 April
Administrators' statement of proposals (2011-07-11) · Companies House register