Four Seasons Health Care Limited (05165301): administration
- Status
- Administration ended
- Administration began
- 2020-08-12
- Administrators
- Jonathan Charles Marston, Mark Granville Firmin, Richard Dixon Fleming
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Rhyme (UK) Limited
- Incorporated
- 2004-06-29
- Location
- Brighton
- Industry
- 86900 Other human health activities
Why it went into administration
- Property / lease costs
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Rising costs / inflation
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 29 June 2004 and is.a non-trading holding company within the Group. Prior to the sale of the Subsidiary Entities, the Company held the share interests in Four Seasons Health Care (Capital) Limited; Four Seasons Health Care (Central Services) Limited; and Four Seasons Group Holdings Limited.
Four Seasons Health Care (Central Services) Limited is a central cost centre company for
the Four Seasons branded care homes. The other two subsidiaries are non-trading holding companies within the Group.
Administrators' statement of proposals (2020-09-08) · Companies House register