Adamo Hotels Limited (SC284344): administration
- Status
- Administration ended
- Administration began
- 2014-02-10
- Administrators
- James Bernard Stephen, Anne Buchanan
- Administrators' firm
- BDO
- Formerly
- Queens Hotel Bridge of Allan Ltd.
- Incorporated
- 2005-05-05
- Location
- Glasgow
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Weather / natural events
From the administrators' statement
The Company was incorporated on 5 May 2005. The Company operated from the head office in Kippen and operated as a hotel operator from 3 leased premises. The Company’s principal activity was a hotel operator.
At the date of appointment the Company had book debts with a value of approximately £12k. The Company also owned stock, which the landlord claimed right of hypothec over.
The Company’s total debt due to the floating charge creditor, Clydesdale Bank plc, is approximately £137k. The director, Euan Snowie, gave a personal guarantee in respect of the debt.
Administrators' statement of proposals (2014-04-03) · Companies House register