East Midlands hotel group went into administration owing £637,000
An East Midlands hotel group went into administration owing £637,394, according to a report seen by TheBusinessDesk.com
Abbot Grange, which owns 15-bedroom Bridge Hotel in Thrapston, and the Grade II listed Dovecliff Hall in Stretton, near Burton upon Trent, called in administrators from Duff & Phelps to run the pair of hotels in late February.
The company owes over £72,000 to HMRC, as well as another £60,247 to employees in unsecured loans and a further £72,000 in loans to other individuals. Trade creditors make up a fu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
