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Mccourt Care Limited (06050768): administration

Status
Administration ended
Administration began
2013-08-01
Administrators
Colin Ian Vickers, Christopher David Stevens
Administrators' firm
FRP Advisory
Incorporated
2007-01-12
Location
Worthing
Industry
87300 Residential care activities for the elderly and disabled

Why it went into administration

From the administrators' statement

The business operates a care home known as Trent House on the Isle of Wight and !s registered for 18 elderly residents requiring personal care without nursing The business of the Company ts dealing with the employees and trading operations of Trent House care home The company also owns the fixtures, fittings and equipment at the home. The business does not own the freehold interest in the property detailed above, which 1s personally owned by the directors.

It should be noted that the freehold property is secured by a fixed charge in favour of Santander (UK) plc (“Santander”).

The Company had previously operated under a lease granted by the directors although this had expired. Prior to the Company going into administration the Company had patd rent to the directors, which was equivalent to the mortgage payments required by Santander

Administrators' statement of proposals (2013-09-17) · Companies House register

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Mccourt Care Limited (06050768)

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