Gainsborough Health and Fitness Limited (05167822): administration
- Status
- Administration ended
- Administration began
- 2019-02-06
- Administrators' firm
- Robson Scott Associates
- Incorporated
- 2004-07-01
- Location
- Darlington
- Industry
- 93199 Other sports activities
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was set up in 2004 and traded as a gym and provided services such as personal training. Problems began when there was a dispute with the landlord over the condition of the property which lead to the Company refusing to pay rent.
This situation escalated to the point that the landlord re-entered the property and as such the business was unable to continue.
Prior to the commencement of the Administration Robson Scott Associates Ltd acted as advisors to the Board as a whole acting on behalf of the Company. No advice was given to the individual directors regarding the impact of the insolvency of the company on their personal financial affairs. Whilst not formally in office at that time, Robson Scott Associates Ltd was still required to act in its dealings with the Company in accordance with the Insolvency Code of Ethics.
Administrators' statement of proposals (2019-03-29) · Companies House register