Lifestyle Living (NI) Limited (07922546): administration
- Status
- Administration ended
- Administration began
- 2024-09-04
- Administrators
- Brian Murphy, Michael Paul Jennings
- Administrators' firm
- BDO
- Incorporated
- 2012-01-24
- Location
- London
- Industry
- 55300 Recreational vehicle parks, trailer parks and camping grounds
Why it went into administration
- HMRC / tax arrears
- Parent or group failure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company js part of the Group, one of 5 companies placed in Administration on 4® September 2024.
The Group has significant borrowings with HSBC UK Bank ple (‘HSBC’ or the ‘Bank’) secured by way of a debenture and composite guarantee dated 10 April 2019 over all fixed and floating assets across the Group. The Group is also indebted to RS Lender lv, S.A.R.L (‘RoundShield’),
|IBDO Joint Administrator’s Statement of Proposals
Administrators' statement of proposals (2024-11-05) · Companies House register