Waterford Lodge Hotel Limited (05969548): administration
- Status
- Administration ended
- Administration began
- 2012-02-24
- Administrators
- David Smithson, Danny Dartnaill
- Administrators' firm
- BDO
- Formerly
- Flossies Limited
- Incorporated
- 2006-10-17
- Location
- Southampton
- Industry
- 5510
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
From the administrators' statement
The company was incorporated on 17 October 2006 and operates a hotel under the Best Western franchise from 87 Bure Lane, Christchurch, Dorset, BH23 4DN. Following a drop In room occupancy, the company suffered considerable cashflow constraints and creditor pressure. A County Court Summons was received by the company and a bailiff had been instructed 1n relation to another debt for which judgement was obtained.
On 24 February 2012 an application for appointment of Joint Admimstrators was made by Mr Martin Hooper, being a director of the company, pursuant to Paragraph 22 of Schedule B1 of the Insolvency Act 1986 On 24 February 2012, David Smithson and Andrew Howard Beckingham were duly appointed Joint Administrators. Under the provisions of paragraph 100(2) of schedule B1 of the Insolvency Act 1986 the Administrators carry out their functions jointly and severally and neither Administrator has exclusive power to exercise any function
At Appendix 1 1s a record of the names of the company’s directors together with details of their shareholdings
Administrators' statement of proposals (2012-04-25) · Companies House register