THL Realisation Limited (10616065): administration
- Status
- In administration
- Administration began
- 2024-11-27
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Formerly
- Transform Healthcare Limited; Transform Healthcare Holdings Limited; Care Stars Limited; Symphony Suported Living (Lancashire) Ltd
- Incorporated
- 2017-02-13
- Location
- Leeds
- Industry
- 86900 Other human health activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Property / lease costs
- Sustained trading losses
- Cash flow / liquidity pressure
From the administrators' statement
Following its incorporation on 13 February 2017, the Company was a provider of cosmetic and weight loss surgery, operating from two hospitals: The Pines located in Altrincham and Burcot Hall located in Bromsgrove.
Operating in the private sector, the Company provided surgical services directly to individuals as part of its business to customer operations. Additionally, the Company engaged in B2B operations by charging third parties for the use of its ward and theatre Spaces at the hospitals.
Surgeons and anaesthetists were independently contracted to the Company whilst a further 305 nurses, clinical and head office staff were employed by the Company.
Administrators' statement of proposals (2024-12-12) · Companies House register