# The Finesse Collection (LMH) Limited (07877163)

> Why UK company 07877163 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07877163

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07877163/filing-history/MzEwMzg0NzUxMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07877163

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