The Finesse Collection (LMH) Limited (07877163): administration
- Status
- Administration ended
- Administration began
- 2014-05-19
- Administrators
- Dean Anthony Nelson
- Administrators' firm
- Smith Cooper
- Incorporated
- 2011-12-09
- Location
- Derby
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
- Cash flow / liquidity pressure
- Competition / price pressure
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Rising interest rates
From the administrators' statement
Please note that the Company history has been prepared by the director and the Administrator accepts no personal habuility in respect of its contents
The Finesse Collection (LMH) Limited trading as The Lace Market Hotel (“the Company” or “LMH”) was incorporated on 11 December 2011 with a view to purchasing the business and assets of distressed
company, The Lace Market Hotel Limited (“TLMH”), which was placed into Administration on 3 January 2012
Administrators' statement of proposals (2014-07-16) · Companies House register