Avonwood Manor Limited (04557480): administration
- Status
- Administration ended
- Administration began
- 2014-04-16
- Administrators
- Duncan Kenric Swift, Jeremy Mark Willmont
- Administrators' firm
- BDO
- Incorporated
- 2002-10-09
- Location
- Southampton
- Industry
- 86900 Other human health activities
Why it went into administration
- Rising costs / inflation
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Sustained trading losses
From the administrators' statement
The Company was incorporated in 2002 to operate a residential home for the elderly trading as Avonwood Manor
(the "Home”)
Initial funding was provided by mortgages with the Roya! Bank of Scotland (“the Bank") secured by debenture granting a fixed and floating charge dated 11 February 2003 and a legal charge dated 5 March 2003
Administrators' statement of proposals (2014-06-11) · Companies House register