# M & D (Leisure) Limited (SC154915)

> Why UK company SC154915 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC154915

- **Status:** Administration ended
- **Administration began:** 2020-04-23
- **Administrators:** Barry John Stewart, George Dylan Lafferty
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 1994-12-14
- **Location:** Glasgow
- **Industry:** 55100 Hotels and similar accommodation

## Why it went into administration

- HMRC / tax arrears
- COVID-19
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Weak consumer demand
- Property / lease costs

## From the administrators' statement

Established in 1996, the Group operated from premises at Strathclyde Country Park (“SCP”) which was held under a ground lease with North Lanarkshire Council (‘NLC’). The Group employed 170 staff at as at 23 April 2020.

As noted above, Waltzers operated as a holding company with a 100% shareholding in Leisure and Inns. Leisure and Inns undertook various hospitality and leisure operations at SCP including M&Ds Theme Park and the Alona Hotel.

The Group had faced a number of challenges over the past few years, most notably an accident at the Theme Park in 2016. This incident, in addition to the significant disruption caused by road works on the Bellshill bypass

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC154915/filing-history/MzI2NDQwNjAwM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC154915

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.