Bellhill Limited (SC373234): administration
- Status
- Administration ended
- Administration began
- 2021-05-19
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2010-02-18
- Location
- Glasgow
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- COVID-19
- Sustained trading losses
- Weak consumer demand
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
In March 2020, the UK and Scottish Governments instructed the closure of all hospitality venues in an effort to tackle the COVID-19 pandemic. As a consequence, the Hotel, Bar and Restaurant closed on 20 March 2020.
The easing of Government restrictions between July 2020 and Christmas 2020 allowed the Hotel to re-open during the second half of 2020. Whilst trading re-commenced, Management advise that demand was significantly reduced due to the absence of concerts/events being held at SECC/Hydro/Glasgow’s theatres and the continuing closure of the city’s nightclubs (historically major sources of custom for the Hotel), and the general reduction in people going on holiday or visiting Glasgow.
The Bar and Restaurant also re-opened in July 2020 but poor trading, due to reduced guest numbers in the Hotel and a general reduction in consumer footfall and spending, resulted in significant losses being incurred. The Bar and Restaurant do not have an outdoor seating area and Management decided not to offer a takeaway service, where they considered that this could not be provided profitably. Accordingly, Management closed the Bar and Restaurant again in October 2020.
Administrators' statement of proposals (2021-07-08) · Companies House register