From the administrators' statement

VEHL was incorporated on 24 December 2002 and Is the holding company of the Group Attached at Appendix A 1s a structure chart for the Group showing VEHL's subsidiaries VEHL1 was incorporated on 28 November 1995 and it is a PropCo within the Group structure holding hotel properties and investments in respect of six Group entities It also operates the head office function of the Group from leasehold premises at Peasedown St John, near Bath

The Group owned and operated a collection of 28 Juxury hotels in the UK and France aimed at high net worth tndividuals It also offers venues for weddings and high-end business conferences

The hotel estate compnsed 24 freehold and four leasehold properties recorded as assets at the PropCo level The PropCos Issued a licence to occupy to the OpCos and the licence fee \s paid direct to its parent PropCo With the exception of Homewood, all the properties in the UK are listed buildings

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VON Essen Hotels Limited (04625019)

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