RCA Hotels Ltd (14093521): administration
- Status
- Administration ended
- Administration began
- 2023-10-19
- Administrators
- Christopher Lewis, Gareth Harris
- Administrators' firm
- RSM
- Formerly
- Miskin Manor Limited
- Incorporated
- 2022-05-09
- Location
- Birmingham
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
Relevant extracts from the Company’s management accounts are summarised below. Statutory accounts have not been prepared due to the age of the Company.
£'000 Period ended P&L for | P&L for August Management September 2023 2023 accounts 6m to Dec 22 Turnover 112 64 1,019 Gross profit 28 (23) 329 Net profit / (Loss) 5 (78) (290)
We have been advised by management that certain transactions have not yet been posted to the above mentioned accounts and as a result the turnover is understated. It is not currently clear how accurate these figures are.
Administrators' statement of proposals (2023-11-30) · Companies House register