KEW Green Hotels (Derby) Limited (04395359): administration
- Status
- Administration ended
- Administration began
- 2014-09-01
- Administrators
- Geoffrey Paul Rowley, Philip Lewis Armstrong
- Administrators' firm
- FRP Advisory
- Incorporated
- 2002-03-15
- Location
- London
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Property / lease costs
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
21 The Company was incorporated on 15 March 2003 and traded as a hotel operator from The Days Hotel Derby, Pentagon Roundabout, Nottingham Road, Derby, DE21 6DA (“the Hotel”). Trading commenced on 19 January 2004, when the Company entered into the long lease for the Hotel (“the Lease”).
22 The Company employed 11 staff directly who all worked at the Hotel, The Company was an SPV for the Lease and ts part of a wider group of hotel companies, the Kew Green Hotels group (“the Group”). The Group provided the Company with centralised back office and support functions.
2.3 The Hotel was traded under the Days Inn brand under a franchise agreement with Wyndham Hotel Group Europe Limited It 1s located on the edge of Derby's city centre, adjacent to Derbyshire County Cricket Ground, has 100 rooms, bar and breakfast facilities and one meeting room.
Administrators' statement of proposals (2014-10-29) · Companies House register