Brandreth Lodge Care Home Ltd (06105975): administration
- Status
- Administration ended
- Administration began
- 2015-06-09
- Administrators
- Edward Terence Kerr, Kerry Bailey
- Administrators' firm
- BDO
- Incorporated
- 2007-02-14
- Location
- Spinningfields
- Industry
- 87100 Residential nursing care facilities
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The company was incorporated on 14 February 2007 and traded as a nursing home following its acquisition of Brandreth Lodge care home on 24 March 2009
The company was funded by Bank of Ireland UK plc (“the Bank”) via a cross collateralised toan along with two other companies under common control and management, Madeley Manor Care Home Limited and Brandreth Lodge Care Home Limited
On 17 November 2014 BDO LLP was instructed by the company to prepare an analysis of the likely outcome for creditors in the event of an insolvency in the company (“outcome statement”). The outcome statement was provided to the company on 27 November
Administrators' statement of proposals (2015-08-13) · Companies House register