Challenger Inns Limited (SC260344): administration
- Status
- Administration ended
- Administration began
- 2016-11-15
- Administrators
- Graham Douglas Frost, Toby Scott Underwood
- Administrators' firm
- PwC
- Formerly
- Pacific Shelf 1250 Limited
- Incorporated
- 2003-12-05
- Location
- Edinburgh
- Industry
- 68209 Other letting and operating of own or leased real estate
From the administrators' statement
The Company was incorporated on 5 December 2003. Following its incorporation, the Company has acquired the freehold of nine licensed premises. These trade as hotels, inns, pubs and restaurants across Scotland.
The premises are all tenanted under formal leases and details of the trading arrangements between the tenants and the Company (as their landlord) are discussed in detail later in this report.
Acquisitions were made by the Company with the financial support of another group company, Holdings. Holdings were advanced sums from AIB, who secured their lending by way of standard securities over each of the premises and a floating charge over the Company’s assets.
Administrators' statement of proposals (2017-01-09) · Companies House register