Signature Shankly Limited (09418371): administration
- Status
- In administration
- Administration began
- 2020-04-09
- Administrators
- Robert Armstrong, Benjamin John Wiles
- Administrators' firm
- Kroll
- Incorporated
- 2015-02-03
- Location
- London
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company had historical rent arrears with a number of bedroom investors that have purchased a leasehold interest in individual rooms in the Hotel. In addition, a number of investors had exercised their, contractual option to sell their leasehold interest back to the Company after the three year anniversary of
their purchase, although the Company has failed to meet's its contractual obligations in this regard.
Due to the failure of the Company to meet its contractual obligation, an investor submitted an application to the High Court for an Administration Order and the case was due to be heard in Court on 9 April 2020.
Administrators' statement of proposals (2020-06-10) · Companies House register