Ahaven Hotel Ltd. (SC318023): administration
- Status
- Administration ended
- Administration began
- 2019-09-30
- Administrators
- Blair Carnegie Nimmo, Geoffrey Isaac Jacobs
- Administrators' firm
- KPMG
- Incorporated
- 2007-03-08
- Location
- Glasgow
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Weak consumer demand
From the administrators' statement
Ahaven Hotel Limited (the “Company”) was incorporated on 8 March 2007 by Sudarshan Kumar to acquire The Parkway Hotel in Kirkcaldy, Fife. Following the purchase, the hotel was rebranded as “The Beveridge Park Hotel” (“the Hotel”). Extending to 31 bedrooms, the Hotel also had a restaurant, bar and extensive function facilities (primarily used for weddings and other events).
The Company employed a team of full and part-time staff, which numbered 12 at the date of our appointment.
2.2. Funding and financial position of the Company
Administrators' statement of proposals (2019-12-03) · Companies House register