Signature Living Hotel Limited (08124207): administration
- Status
- Administration ended
- Administration began
- 2020-04-15
- Administrators
- Robert Armstrong, Benjamin John Wiles
- Administrators' firm
- Kroll
- Incorporated
- 2012-06-29
- Location
- London
- Industry
- 68320 Management of real estate on a fee or contract basis
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Statutory information on the Company is included at Appendix 1. As detailed in the creditor summary, the Company is the-ultimate parent company of the wider Signature Group, a group of companies which comprises circa 60 different entities and trades as a bar operator, , hotel and residential property operator and developer.
The Signature business model is to set up individual SPV entities’ to acquire disused and derelict properties through collective investment schemes, BPRA schemes, unsecured loans and secured lending,
to bring the properties back into use as either a hotel or residential development.
Administrators' statement of proposals (2020-06-18) · Companies House register