# Primero Management Limited (05889706)

> Why UK company 05889706 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05889706

- **Status:** Administration ended
- **Administration began:** 2012-11-12
- **Administrators:** Gary Paul Shankland, Kirstie Jane Provan
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2006-07-28
- **Location:** London
- **Industry:** 68209 Other letting and operating of own or leased real estate

## Why it went into administration

- Funding withdrawn / unable to refinance

## From the administrators' statement

The Company was incorporated on 28 July 2006 and operated under a franchise agreement as a ‘Comfort Inn’ hotel located at 6-8 Manne Parade, Clacton-on-Sea, Essex, CO15 1RD (‘the Hotel”) The Hotel is situated on a prominent site close to Clacton-on-Sea town centre and the main attractions on the seafront promenade

The Hotel 1s a detached Victorian property and ts currently configured as a 50 bed hotel with a restaurant and function suite

Following a number of breaches of the Companys loan account with its secured lender, Licensed Solutons Limited (“LS”) were instructed to carry out an operational review of the business

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05889706/filing-history/MzA3MDg5OTcxMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05889706

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