Victoria Care Homes Limited (04752871): administration
- Status
- Administration ended
- Administration began
- 2011-07-14
- Administrators
- Steven John Williams, Lila Thomas
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2003-05-02
- Location
- Preston
- Industry
- 9305
Why it went into administration
- HMRC / tax arrears
- Regulatory change or action
- Cash flow / liquidity pressure
From the administrators' statement
To ald creditors understanding surrounding the circumstances giving nse to our appointment, the Administrators have included an extract taken from the Director's proposals circulated to creditors as part of the CVA. The Administrators have had no communication with the Director since our appointment Consequently, the Administrators cannot warrant the accuracy of this statement
“The Company was incorporated on 2 May 2003 In November 2003, the Company purchased the freehold of a trading care home situated at Thursby Road, Burley for £875,000 The purchase was financed by a mortgage with National Westminster Bank pic and subsequently financed with Santander UK Pic (‘Santander’)
The Company trades as a residential care home providing accommodation and specialist care for some 30 patients, the majonty with dementia care requirements with the average age of the residents being some 80 years of age
Administrators' statement of proposals (2011-09-13) · Companies House register