Three Valleys Healthcare Holdings Limited (06443980): administration
- Status
- Administration ended
- Administration began
- 2017-09-11
- Administrators
- Stephen John Absolom, William James Wright
- Administrators' firm
- KPMG
- Formerly
- Three Valleys Healthcare Holdings 1 Limited
- Incorporated
- 2007-12-04
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- Loss-making contracts / project overruns
- Rising interest rates
From the administrators' statement
The Company was incorporated on 4 December 2007 and is a holding company to the Project Co, owning 100% of the share capital.
In 2007, Project Co entered into a the Agreement with a NHS Foundation Trust in respect of the construction of and provision of certain non-medical facilities to a new 365 bed hospital at Roseberry Park, Middlesbrough.
In order to fulfil construction and facility management aspects of the Agreement, Project Co entered into agreements with a construction firm and a facilities management firm.
Administrators' statement of proposals (2017-11-16) · Companies House register