# Parkmore Hotel Limited (05327103)

> Why UK company 05327103 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05327103

- **Status:** Administration ended
- **Administration began:** 2018-11-14
- **Administrators:** Steven Phillip Ross, Allan David Kelly
- **Administrators' firm:** RSM
- **Incorporated:** 2005-01-07
- **Location:** Newcastle upon Tyne
- **Industry:** 55100 Hotels and similar accommodation

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

Brief background

The brief background has been prepared from information provided by and discussions with the Directors of the Company and is their responsibility. RSM Restructuring Advisory LLP has not carried out any verification and has no liability therein.

The Company was incorporated on 7 January 2005. It is a wholly owned subsidiary of J A Hotels Limited (“JAH”) which purchased the Company during 2006 for c.£6m. The purchase was funded by a combination of bank and vendor debt which is secured over the assets of the Company through cross guarantees. JAH is dormant outside of its investment in the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05327103/filing-history/MzIyMTUwODExMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05327103

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