Dream Hotels Ltd (04750584): administration and why it failed

Dream Hotels Ltd (04750584): administration

Status: Administration ended
Administration began: 2011-08-02
Administrators: Guy Edward Brooke Mander, Graham Paul Bushby
Administrators' firm: Baker Tilly Restructuring and Recovery
Incorporated: 2003-05-01
Location: Birmingham
Industry: 5510

Why it went into administration

Funding withdrawn / unable to refinance
Property / lease costs

From the administrators' statement

Relevant extracts from the Companies’ management accounts are summarised below

Brooklands management accounts extract

y/e 31/05/2010 Management a/cs

Administrators' statement of proposals (2011-10-03) · Companies House register

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Dream Hotels Ltd (04750584): administration

Why it went into administration

From the administrators' statement

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Dream Hotels Ltd (04750584)