Smile Manchester Ltd (10526729): administration
- Status
- In administration
- Administration began
- 2026-06-18
- Administrators
- Deviesh R Raikundalia
- Administrators' firm
- RSM
- Incorporated
- 2016-12-15
- Location
- Northampton
- Industry
- 86230 Dental practice activities
Why it went into administration
- Funding withdrawn / unable to refinance
- COVID-19
- Cash flow / liquidity pressure
- Property / lease costs
- Regulatory change or action
- Rising interest rates
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from my personal knowledge as Administrator.
The Company was incorporated on 15 December 2016; the business initially involved three Directors one of whom resigned in February 2019. The Directors have advised that the Company was incorporated as a precautionary structure available should a corporate vehicle be required for administrative, supplier, laboratory or practice-related purposes, and that the dental practice activities were carried on through a partnership.
In December 2019 the Company took the opportunity to acquire a dental practice at 331 Washway Road, Sale M33 4EE together with the associated freehold property (“the Property”). The freehold was acquired by the Company which was already established as the corporate vehicle to hold the property.
Administrators' statement of proposals (2026-08-23) · Companies House register