The State Casino Ltd (04968792): administration
- Status
- Administration ended
- Administration began
- 2011-10-31
- Administrators
- Gary Norton Lee, Dean Watson
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2003-11-19
- Location
- Manchester
- Industry
- 7487
From the administrators' statement
The Company was incorporated in 2003 and was set up to establish a casino operation In order to establish a casino operation the Company obtained an operators licence
In addition, the Company made an application to Liverpool City Magistrates for a casino premises licence This application was initially rejected in 2007 but was ultimately granted, on appeal, in mid 2009 Although the relevant ticences have been obtained, the Company has never traded as a casino
The Company has an associated company, Styledraft Limited Bank of Scotland (‘the Bank”) provided banking facilities to the Company and Styledraft Limited The Bank of Scotland sought repayment from the Company without success and had concems over the protection of the major assets of the Company being the casino licences The Bank was in dialogue with the director of the Company in relaton to the realisation of the Company's asset and subsequent settlement of the Bank debt
Administrators' statement of proposals (2012-01-03) · Companies House register