# Festival Group Limited (SC289586)

> Why UK company SC289586 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC289586

- **Status:** Administration ended
- **Administration began:** 2011-07-25
- **Administrators:** Gerard Anthony Friar, Blair Carnegie Nimmo
- **Administrators' firm:** KPMG
- **Formerly:** Festival Inns Group Limited
- **Incorporated:** 2005-08-30
- **Location:** Glasgow
- **Industry:** 7415

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears

## From the administrators' statement

Further to the background set out in the SIP 16 memorandum of sale;

FIL was incorporated on 17 April 2002 and operated under the name of Festival Hotels Limited. This changed to Festival Inns Limited in 2005 and subsequently, following the

appointment of the Joint Administrators, became FI Realisations Limited.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC289586/filing-history/MzA0NDMyOTcwMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC289586

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