Doddlespool Care Home Ltd (06521640): administration
- Status
- Administration ended
- Administration began
- 2015-06-09
- Administrators
- Edward Terence Kerr, Kerry Bailey
- Administrators' firm
- BDO
- Incorporated
- 2008-03-03
- Location
- Spinningfields
- Industry
- 87300 Residential care activities for the elderly and disabled
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The company was incorporated on 3 March 2008 and traded as a residential care home following its acquisition of Doddlespool Care Home on 31 March 2009.
The company was funded by Bank of Ireland UK plc (“the Bank”) via a cross collateralised loan 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 2014.
Administrators' statement of proposals (2015-08-13) · Companies House register