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Nite Nite (Birmingham) Limited (04375760): administration

Status
Administration ended
Administration began
2011-08-09
Administrators
Ryan Kevin Grant, Simon Wilson
Administrators' firm
AlixPartners
Formerly
Nite Nite Limited; BPE 147 Limited
Incorporated
2002-02-18
Location
Manchester
Industry
7487

From the administrators' statement

24 The principal trading activity of the Companies is the operation of a 104 bedroom budget hotel located in Birmingham city centre. All trading is carried out through NNB, which atso holds all of the tangible assets NNH operates solely as a holding company, holding the Bank debt and a majority shareholding in NNB The Joint Administrators are not aware of any tangible assets in NNH, however, the Companies’ tax position is currently being reviewed and there may be realisations avaitable in this regard

22 The Companies created debentures in favour of Ctydesdate Bank PLC (the Bank) on 18 January 2007 conferring fixed and floating charges over all assets and undertakings In addition, NNB granted a legal charge on 19 January 2007 in favour of the Bank over the Premises

Administrators' statement of proposals (2011-10-11) · Companies House register

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Nite Nite (Birmingham) Limited (04375760)

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