# HIP Hotels Media Limited (05146187)

> Why UK company 05146187 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05146187

- **Status:** Administration ended
- **Administration began:** 2014-06-18
- **Administrators' firm:** Mazars
- **Incorporated:** 2004-06-04
- **Location:** London
- **Industry:** 90030 Artistic creation

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

The Company was formed in June 2004 with the intention of capitalising on the significant awareness created by Mr Ypma’s HIP HOTELS book senes The idea was to transform HIP HOTELS into a media brand This began with the creation of the website HIPHOTELS com which contains details of approximately 500 HIP hotels

In 2007 the Company entered into a contract with Virgin Holidays to create a new premium holiday brand called Virgin HolidaystHIPHOTELS This arrangement brought the HIP hotels into contact with Virgin Holidays and the intention was that bookings to those hotels through Virgin would generate for the Company an income stream from a percentage of the bookings

4/11

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05146187/filing-history/MzEwNTY1Mzg5MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05146187

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.