From the administrators' statement

The Company was incorporated on 9 September 2013 and commenced trading as ‘Number 10 Guesthouse’ from 10 Townhead, Irvine, KA12 OBE (‘the Property’), which was leased at the time.

It is understood that the Company purchased the Property in November 2017, and continued to trade. The business operated as a nine bedroom guesthouse, although was more akin to serviced apartments as all bookings from customers were made online and access to the Property was managed by a secure entrance. The Company had no employees.

The Property is subject to a standard security in favour of Assetz Capital Trust Company Limited (‘Assetz’). Assetz also hold a floating charge that was registered in November 2017.

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C A D Leisure Limited (SC458658)

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