# Commercial Street Hotel Limited (07078144)

> Why UK company 07078144 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07078144

- **Status:** Administration ended
- **Administration began:** 2021-05-14
- **Administrators:** Allan Watson Graham, Matthew Ingram
- **Administrators' firm:** Kroll
- **Formerly:** Downing Spare 6 Limited; Downing Planned Exit VCT 9 Limited
- **Incorporated:** 2009-11-17
- **Location:** Birmingham
- **Industry:** 55100 Hotels and similar accommodation

## Why it went into administration

- COVID-19
- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

• The Company has experienced mixed trading results over the years with profits of £147,261 and £484,498 reported in 2017 and 2016 respectively and losses of £440,261 and £171,957 reported in 2019 and 2018 respectively.

• On 23 March 2020, the UK Government mandated the closure of all non-essential businesses due to the Covid-19 (Coronavirus) pandemic. The compulsory measures ceased the ability of the Company to trade and resulted in the Company facing creditor pressure and cash flow problems.

Appointment - Section 4.4

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07078144/filing-history/MzMwNjU3NTEzMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07078144

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.