THE COMPANY behind the renovation of a historic Richmond hotel is set to be liquidated with debts of more than 230,000.
Best Friend Limited, the trading name for The Fleece Hotel, is to be placed in a creditors voluntary liquidation.
The papers reveal there are 71 creditors, including members of staff, suppliers, directors and others, who are owed 239,812.
The company had 6,455 in the bank when it stopped trading. It also had debtors of 5,888 and fixtures and fittings valued at 143,193.88.
However, the proposed liquidator, Gareth Lewis, from Lewis Business Recovery and Insolvency, said it was uncertain how much of the money from the fixtures and fittings and debtors would be realised, and the estimated total shortfall w…
Read the full article at: https://www.thenorthernecho.co.uk/news/17322312.company-behind-richmond-hotel-to-be-liquidated-just-months-after-opening/