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Kitchener Hotels Ltd (11024464): administration

Status
Administration ended
Administration began
2024-06-12
Administrators
Andrew John Tate, James Hopkirk
Administrators' firm
Kreston Reeves
Incorporated
2017-10-20
Location
Chatham
Industry
55100 Hotels and similar accommodation

From the administrators' statement

Creditors should be aware that, unless specified otherwise, this section of my proposals has been prepared based on information provided by the directors of the Company and does not stem from my personal knowledge as Administrator.

The Company traded the Broome Park Golf & Country Club, focussing on a hotel and golf club business and hosting weddings. Further details of the Company’s recent trading performance and financial difficulties are set out in the attached statement prepared in accordance with Statement of Insolvency Practice 16 (“SIP 16”).

Upon my appointment, a sale of the business and the majority of the assets was completed to a connected purchaser. The attached report, compliant with SIP16, should be read in conjunction with these proposals. It details the circumstances leading to the appointment of the Administrators and the sale of the business and assets. This report is included as Appendix 8.

Administrators' statement of proposals (2024-06-25) · Companies House register

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Kitchener Hotels Ltd (11024464)

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