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Nightingale Hotel and Leisure Club Limited (05922080): administration

Status
Administration ended
Administration began
2016-08-01
Administrators
Samuel Jonathan Talby, Mark Richard Phillips, Julie Ann Swan
Administrators' firm
Partnership Invoice Finance
Formerly
Balehome Limited
Incorporated
2006-09-01
Location
Bristol
Industry
55100 Hotels and similar accommodation

Why it went into administration

From the administrators' statement

As detailed in Section 4 of this report, it was apparent that the Company required protection against creditor action and as such the director filed a Notice of Intention to Appoint Administrators, on 26 July 2016 which provided a moratorium on tegal processes being commenced or continued against the Company

During the period of the moratorium, the Notice of Intention was served on Natwest being a qualifying floating charge holder and the director provided PCR with an authority letter to allow them access to the hotel in order to assist by way of -

«Assessing the Company’s financial position and to commence an orderly wind-down of the Company, e §©6Fosecure the Company’s assets, and

Administrators' statement of proposals (2016-10-13) · Companies House register

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Nightingale Hotel and Leisure Club Limited (05922080)

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