Albemarle Leisure LLP (OC330580): administration and why it failed

Albemarle Leisure LLP (OC330580): administration

Status: Administration ended
Administration began: 2014-02-19
Administrators: David Christian Chubb, David James Kelly
Administrators' firm: PwC
Incorporated: 2007-08-16
Location: Leeds

Why it went into administration

Funding withdrawn / unable to refinance

From the administrators' statement

The Company was established im 2007 as a holding company. It owns 100% of the shares mn Deganwy Quay Limited DQL operates the Quay Hotel and Spa in Deganwy Quay, near Llandudno

The Company also owns the freehold of the hotel.

DQL leases the property from the Company and continues to operate from the premses DQL 1s not in an insolvency procedure

Administrators' statement of proposals (2014-04-22) · Companies House register

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