Bird In Hand (UK) Limited (04954225): administration
- Status
- Administration ended
- Administration began
- 2015-03-02
- Administrators
- Jason Daniel Baker, Anthony John Wright
- Administrators' firm
- FRP Advisory
- Incorporated
- 2003-11-05
- Location
- London
- Industry
- 64209 Activities of other holding companies n.e.c.
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Manor was incorporated in July 2000 and traded as the Manor Hotel (“the Hotel”), a three star hotel and restaurant. The premises are freehold, situated on Berwick Pond Road in Rainham, Essex, employing 25 staff.
Bird in Hand (UK) Limited (“BIH”) purchased the share capital of Manor in 2007. The purchase was funded using a secured loan provided by Lloyds Banking Group PLC (“LBG”) of £1 5m with fixed and floating charge security over all the assets of both Companies. In addition, the director, Mr Mushtaq
loaned £312k to BIH.
Administrators' statement of proposals (2015-05-06) · Companies House register