Hill Top Village Limited (06376911): administration
- Status
- Administration ended
- Administration began
- 2011-09-05
- Administrators
- Patrick B Ellward, Dilip K Dattani
- Administrators' firm
- RSM
- Incorporated
- 2007-09-20
- Location
- Nottingham
- Industry
- 8511
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company operates Hill Top Village Limited (“Lavender Hills Care Home” or “the Home”) from owned premises at The Cliffe, Stubbins Vale Road, Ramsbottom, Bury, BLO ONP The Home opened in November 2010 and after a few months of trading, it became apparent that the Company was loss making as Its occupancy levels did not rise quickly enough to achieve a break even level
The financial position of the Home meant that trading could not be sustained unless further equity was injected to finance the trading losses As the business was no longer assessed as viable, RSM Tenon were approached with a view to putting the Home into administration On 5 September 2011, both Dilip K Dattani and | were appointed by the Board of Directors as Joint Administrators of the Company The appointment permitted the Joint Administrators to take any actions required either jointly or alone
| have requested copies of the recent financial accounts from the Director Below Is a
Administrators' statement of proposals (2011-10-31) · Companies House register