The Bay Point Club Limited (07890450): administration
- Status
- Administration ended
- Administration began
- 2015-06-04
- Administrators
- Ian Malcolm Donald Graham Cadlock, Garry Wallace Lock
- Administrators' firm
- Quantuma
- Formerly
- HC 1176 Limited
- Incorporated
- 2011-12-22
- Location
- Sandwich
- Industry
- 93130 Fitness facilities
Why it went into administration
- Sustained trading losses
- Property / lease costs
- Creditor pressure / legal action
- Weather / natural events
From the administrators' statement
The Company was incorporated on 22 December 2011 and was set up and funded by the director Anthony Harrison for the purpose of acquiring the sports ground and pavilion owned by the pharmaceutical company Pfizer, It had been used as the social club for Pfizer employees
The Company acquired the 186 acre freehold site which included a two bed bungalow in January 2012 Following the acquisition, the Company commenced a programme to refurbish and expanded the facilities following planning consents granted in May 2013 for the erection of a single story extension for a gymnasium
All of the initial refurbishment costs were funded via loans from the director, Mr Harrison The business began trading in July 2012 and opened a nursery using the former crown bowis club house and, shortly after, the gym and sporting facilities formafly opening to the public in September 2012 The sporting facilites compnsed of a gym, spin studio, squash courts, sauna & steam room, tennis courts, football pitches and an all-weather sports outdoor facility The site also included a fully licenced bar and restaurant capable of providing conferencing facilities, weddings and other events
Administrators' statement of proposals (2015-08-12) · Companies House register