From the administrators' statement

The Company was incorporated on 14 June 2011, and 1s 100% owned by Trinity Lodge Development Management Limited (“TLDML”) The company’s main purpose was that of a dormant holding company

The Company 1s a 100% shareholder in Trinity Lodge Care Limited (in Administration) (“TLCL”), which trades a nursing care home, in Edinburgh. The Company secured funds which were advanced to TLCL, for the purpose of building a new care home.

We understand that the TLCL had difficulty in servicing its contracted borrowings and breached its covenants As a result, James Bernard Stephen and Kerry Bailey were appointed Joint Administrators of Trinity Lodge Care Limited, on 8 September 2015

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Trinity Healthcare Investments Limited (07669350)

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