Lodges On Loch Ness Limited (04901214): administration
- Status
- Administration ended
- Administration began
- 2013-12-12
- Administrators
- Geoffrey Isaac Jacobs, Blair Carnegie Nimmo
- Administrators' firm
- KPMG
- Incorporated
- 2003-09-16
- Location
- London
- Industry
- 7020
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was mcorporated on 16 September 2003 and its principal activity was the development and short term letting of lodges on the banks of Loch Ness
The Company was initially a family business which developed and owned five lodges, together with the associated land
Initial funding for the development came through Langdale, a timeshare operator who viewed the development as an opportunity to expand their timeshare offering The lodges did not attract sufficient interest as a ttmeshare opportunity, therefore, Langdale wanted to exit The Company refinanced to the Bank in 2006
Administrators' statement of proposals (2014-02-07) · Companies House register