# Hoax Hostels Ltd (08393574)

> Why UK company 08393574 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08393574

- **Status:** Administration ended
- **Administration began:** 2014-11-27
- **Administrators:** Russell Stewart Cash, David Thornhill
- **Administrators' firm:** FRP Advisory
- **Formerly:** Evolution Hostels Limited
- **Incorporated:** 2013-02-07
- **Location:** Manchester
- **Industry:** 55202 Youth hostels

## Why it went into administration

- Funding withdrawn / unable to refinance
- Property / lease costs
- Rising interest rates
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 7 February 2013 for the sole purpose of operating the Hoax Hostel and Restaurant.

The Company traded from leasehold premises at 54 Stanley Street, Liverpool, L1 6AU, which are owned by Evolution Liverpool LLP (“Evolution”).

The Company has two directors, Paul Callingham and Philip Houghton, and ts a wholly owned subsidiary of Hoax Hospitality Limited

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08393574/filing-history/MzExNjIxNzQxMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08393574

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