Broad Lane Leisure Limited (07253442): administration
- Status
- Administration ended
- Administration began
- 2024-07-09
- Administrators' firm
- FRP Advisory
- Incorporated
- 2010-05-13
- Location
- Birmingham
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- Funding withdrawn / unable to refinance
- COVID-19
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 13 May 2010 and operated as a family business which had historically been profitable. The Company’s main activity is as a retailer of caravans and motorhomes.
The Company now has one site from which it traded, which was also its registered office upon entering administration: Birmingham Road, Kings Coughton, Alcester, Warwickshire, B49 5QD. This is a freehold property owned by the Company. It also operated two leasehold sites, one under a lease and the other under an informal agreement.
In March 2024, there was a partial disposal of the Company’s business and certain assets located at its former Kenilworth Site. The sale, which included the Company’s freehold title to the Kenilworth Site, was to an independent trade buyer and was completed prior to the Administrators’ introduction to the Company.
Administrators' statement of proposals (2024-08-29) · Companies House register