Blue Ocean Topco Holding Limited (12807303): administration
- Status
- Administration ended
- Administration began
- 2022-11-02
- Administrators
- Ian James Corfield, Gary Hargreaves
- Administrators' firm
- FRP Advisory
- Incorporated
- 2020-08-12
- Location
- London
- Industry
- 87300 Residential care activities for the elderly and disabled
Why it went into administration
- Regulatory change or action
- Funding withdrawn / unable to refinance
From the administrators' statement
Following CQC inspections on 18 November 2020 and 3 December 2020, a CQC report dated 31 December 2020 rated the service as “Requires Improvement”. The rating did not improve in the following report published on 19 August 2021.
However, a report issued on 15 February 2022 (following visits on 7 and 8 December 2021) rated the service as “Inadequate”, and on 14 March 2022, the CQC issued a NOP to cancel the registration. Blackcliffe appealed the NOP on 6 April 2022, but on 10 May 2022, the CQC issued a NOD to cancel the registration.
Further inspections were carried out by the CQC on 5, 7, 10, 12 and 23 September 2022), and the service continued to be rated “Inadequate” in a report issued on 17 November 2022.
Administrators' statement of proposals (2022-12-22) · Companies House register