Carecroft Limited (07409962): administration
- Status
- Administration ended
- Administration began
- 2012-02-16
- Administrators
- Gordon Craig
- Administrators' firm
- Refresh Recovery
- Formerly
- Lancashire Nursing & Residential Homes (Whalley) Limited; Carecroft Limited
- Incorporated
- 2010-10-18
- Location
- Skelmersdale
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 18 October 2010 and began to trade in 2011 with the purpose of taking over a business that operated as a provider of care for elderly residents A winding up petition had been issued against Lancashire Nursing & Residential Homes Limited (“Lancashire”) who had operated the business and as a result the director Mr Kyle Goldsmith, who was also a Director and sole shareholder of Carecroft Limited, transferred the operating business to the Company In addition a licence was granted from Kymo Holdings Limited (“Kymo”) who were the landlords of the property
Kymo was placed into Administration on 7 June 2011 and the Administrators sought to have the Company evicted from the premises on the basis that the Company did not hold the requisite licence The Director challenge this claim and the Administrator lodged an application to court for possession of the property At this stage the Director aware that he could not fund the action against the Company and realising that the Company could not meet its current liabilities appointed an Administrator to deal with the creditors
Gordon Craig of Refresh Recovery Limited was approached to act as Administrator and was appointed on 16 Febrauary 2012
Administrators' statement of proposals (2012-08-02) · Companies House register