Rievaulx Sporting Limited (04619170): administration
- Status
- In administration
- Administration began
- 2025-02-03
- Administrators
- Louise Longley, Julian Pitts
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2002-12-17
- Location
- Leeds
- Industry
- 01700 Hunting, trapping and related service activities
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
The Company was incorporated on 17 December 2002 to offer a range of hunting and shooting activities on the Rievaulx estate.
The Company came under some significant creditor pressure, including a large debt to HM Revenue & Customs (“HMRC”) following an investigation into its tax affairs and the treatment of rent paid on the land. The Company instructed Begbies Traynor (Central) LLP in November 2022 to review the options available to it to include working with the Company’s accountants to analyse the HMRC liabilities and its financial position generally. This work also included considering the financial forecasting and liaising with stakeholders and reviewing the appropriateness of a time to pay arrangement with HMRC.
The Company continued to make some payments to HMRC albeit it was not sufficient to discharge the historic or accruing liabilities.
Administrators' statement of proposals (2025-04-03) · Companies House register