Kincaple Lodge LLP (SO301725): administration
- Status
- Administration ended
- Administration began
- 2012-02-07
- Administrators
- Gordon Malcolm Maclure, Matthew Purdon Henderson
- Administrators' firm
- BDO
- Incorporated
- 2008-02-01
- Location
- Edinburgh
Why it went into administration
- Weather / natural events
From the administrators' statement
The LLP’s principal activity was operating a holiday lodge park situated at Kincaple Lodge Kincaple, St Andrews, Fife.
The designated member, Jeremy Grieve, has advised that the LLP commenced trading in 2008 when it purchased the holiday park. At that time there were 9 lodges that were rented out for holiday rentals. The LLP built 6 further, more modern lodges in 2010 and also offers bed and breakfast during the summer months. Mr Grieve has advised that the building of the new lodges proved to be more difficult and time consuming than anticipated and this, meant that the LLP could not trade at its full capacity until the summer of 2011. This was a disappointing summer overall for the Scottish holiday market due to the poor weather and therefore the LLP has not been able to generate sufficient funds to maintain payments to the Bank and to its other creditors.
Matthew Purdon Henderson and Gordon Malcolm MacLure, licensed insolvency practitioners, were appointed as Joint Administrators of the LLP on 7 February 2012.
Administrators' statement of proposals (2012-03-23) · Companies House register