Neuk Hotels Limited (SC207134): administration
- Status
- Administration ended
- Administration began
- 2017-02-01
- Administrators
- Toby Scott Underwood, Lyn L Vardy
- Administrators' firm
- PwC
- Formerly
- Maple Leaf (Scotland) Limited
- Incorporated
- 2000-05-15
- Location
- Edinburgh
- Industry
- 68209 Other letting and operating of own or leased real estate
From the administrators' statement
The Company was.incorporated on 15 May 2000. Following its incorporation, the Company acquired a hotel in Edinburgh. From limited information obtained from the Company’s filed accounts, this property was sold in the year to 31 May 2004 and in the same accounting period, The Smugglers Inn, Anstruther was acquired. The acquisition was funded by sums advanced by AIB, who secured its lending by way of standard security over the property and a floating charge over the Company’s other assets.
Trading continued from this site until the summer of 2014 whien we understand The Smugglers Inn ceased to trade, due to low turnover levels.
We understand that architects were instructed to look at alternative use options for the premises and planning permission to convert the property into flats was obtained in late 2015. Agents were instructed in late 2016 to market the property.
Administrators' statement of proposals (2017-03-27) · Companies House register