Blue Rainbow Apartments Ltd (05606489): administration
- Status
- Administration ended
- Administration began
- 2014-09-17
- Administrators
- Russell Stewart Cash, Ben Woolrych
- Administrators' firm
- FRP Advisory
- Incorporated
- 2005-10-28
- Location
- Manchester
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was incorporated on 28 October 2005 and is wholly owned by Hospitality (formally Blue Rainbow Limited), the shareholders of which are Willam Hannah and Jason Abbott. Mr Hannah and
Mr Abbott are also the only two directors of the Company
The Company was formed with the objective of filling a gap in market being one of the first luxury ‘Aparthotels’ to open in Manchester. The Company grew from strength to strength, firstly opening a smail two room aparthotel from leased premises at Burton Place, Manchester in 2005 to opening a 39 room aparthotel from leased premises at The Lock Building, Manchester. Once these leases had expired, the Company opened their third 79 room aparthotel from a leased premises located at 8 Commercial Street/1 Jordan Street in Manchester in 2008.
Administrators' statement of proposals (2014-10-03) · Companies House register