Keinan Care Holdings Limited (05263739): administration
- Status
- Administration ended
- Administration began
- 2013-08-12
- Administrators
- Stephen Anthony John Ramsbottom, Phillip Rodney Sykes
- Administrators' firm
- RSM
- Incorporated
- 2004-10-19
- Location
- Birmingham
- Industry
- 74990 Non-trading company
From the administrators' statement
The Company was incorporated on 19 October 2004 as a holding company and holds 100% of the shares in Keinan Care Wolverhampton Limited (“"KCW") and 80% of the shares in Keinan Care (Birmingham) Limited ("KCB") Both KCW and KCB traded as residential children’s care homes and KCW ceased to trade in June 2011 In addition, the Company owns two properties namely Wolverhampton and Birmingham, which were occupied by KCW and KCB respectively
We were first introduced to the Company on 24 January 2013 by AlB Group (UK) Plc (‘the Bank") The Bank was concerned by the trading performance of KCB, which traded from the Company's property in Birmingham KCB had temporarily ceased operating following an interim Ofsted report on 4 January 2013 which required the children in
residence to be removed As a result, the Bank was concerned by the Company's ability to service the Bank Joans and overdraft
Administrators' statement of proposals (2013-10-09) · Companies House register