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Millgreen View Securities Limited (06483648): administration

Status
Administration ended
Administration began
2011-10-11
Administrators
Mark Robert Fry, Kirstie Jane Provan
Administrators' firm
Begbies Traynor
Incorporated
2008-01-25
Location
London
Industry
7499

From the administrators' statement

Millgreen View Securities Limited (‘the Company”) was incorporated on 25 January 2008 Its function was as a holding company and the actual trading of the hotel was operated by Jarvis Hotels Limited (“JH”)

On 30 September 2011, JH entered into administration and Malcolm Brian Shierson and Daniel Robert Whiteley Smith of Grant Thornton (“GT”) were appointed as Joint Administrators over the JH chain of hotels, including Ramada Leeds North Hotel (“the Hotei”)

During their appointment, JH’s administrators marketed the hotels for sale as a going concern trading operations, which resulted in the sale of 24 of JH’s hotels being sold to Jupiter Hotels Limited The sale excluded 6 of the hotels within JH, including the Hotel In light of this, and in the absence of any alternative acceptable offers for the Hotel, JH’s Administrators approached the fixed charge holder over the freehold of the Hotel, Santander UK Plc (“the Bank’), in order to facilitate the return of the Hotel to the Company

Administrators' statement of proposals (2011-12-02) · Companies House register

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Millgreen View Securities Limited (06483648)

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