Global Hospitality Services Limited (04568931): administration
- Status
- Administration ended
- Administration began
- 2017-10-13
- Administrators' firm
- FRP Advisory
- Formerly
- Internetworld Solutions Limited; Biswell 2012 Limited
- Incorporated
- 2002-10-22
- Location
- London
- Industry
- 56290 Other food services
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company was incorporated in October 2002 as Biswell 2012 Limited and changed its name to Internetworld Solutions Limited in February 2003 when it was acquired by Mr Beale Snr, the father of the Director. It is understood that the Company’s only issued share was held on trust either for Mr Tejinderpaul Matharu, Mr Harpal Matharu and Mr Raj Matharu (together “the Matharu Brothers”), equally, or for Globalgrange, which is ultimately owned by the Matharu Brothers. Mr Beale Snr was appointed as the sole director of the Company on 20 February 2003.
On 9 April 2010, the Company changed its name to Global Hospitality Services Limited and commenced trading, providing sales and marketing representation services for an international network of local hotels and smaller hotel chains. The Company’s first customer and member of the network was Globalgrange, the owner of the Grange Hotel Group based in London.
To build the GHS hotel network and promote those hotels within the network (“Hotel Partners”), the Company engaged sales and marketing representatives as contractors both in the UK and in various locations globally (“the Contractors”). They were tasked with acquiring further Hotel Partners in new geographic locations to build the GHS network, Increasing its scale and global coverage. This allowed smaller local hotel
Administrators' statement of proposals (2018-01-10) · Companies House register