HC Realisations Limited (08869633): administration
- Status
- Administration ended
- Administration began
- 2017-11-22
- Administrators
- Trevor Nigel Birch, Allan Watson Graham
- Administrators' firm
- Kroll
- Formerly
- HC Facility Management Limited; Noah Ventures Limited
- Incorporated
- 2014-01-30
- Location
- London
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Rising costs / inflation
- Management failings / irregularities
- Competition / price pressure
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Brexit
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company was originally established on 30 January 2014, but remained dormant until May 2015 when, with the support of the Secured Creditors, it acquired the business and assets of Hotelcare Ltd via a pre-packaged Administration process. This process was led by former management and another firm of insolvency practitioners.
The Company trades as Hotelcare and specialises in providing cleaning services to hotel management companies / operators. The Company is one of the country’s leading hotel support services company, providing the hospitality industry with top rated services and staff from room attendants to executive housekeepers, with over 30 years of experience providing a top quality service. The Company services over 200 hotels nationwide, cleaning over 30,000 rooms per day. It is also a member of the UK Housekeeping Association.
Administrators' statement of proposals (2017-12-10) · Companies House register