News Centre

Moorfields Appointed LPA Receivers over Victorian Manor Hotel in Hampshire

Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed LPA Receivers over the Redwood Hotel operating in Aldershot, Hampshire. The Victorian Manor House Hotel built in 1897 is within close proximity to the old market town of Farnham, and conveniently situated for the towns of Fleet, Farnborough and Guildford, with easy access to both the M3 and M25. The hotel offers accommodation suitable for both business and leisure stays. Moorfields will continue to trade the hotel whilst it is marketed for sale. Any interested parties should contact Moorfields Corporate Recovery LLP on 0207 186 1144 for further details. Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.

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Moorfields appointed LPA Receivers over Surrey countryside hotel

Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed LPA Receivers over the Bookham Grange Hotel operating in Leatherhead, Surrey. The traditional rural hotel has 27 well appointed bedrooms along with a restaurant, lounge bar, garden terrace and conference facilities. The hotel is conveniently situated close to the M25, A3 & A24, whilst also in an idyllic location to explore the Surrey Downs. Moorfields will continue to trade the hotel whilst it is marketed for sale. Any interested parties should contact Moorfields Corporate Recovery LLP on 0207 186 1144 for further details. Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.

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Moorfields Appointed Administrators over Restaurant Group

Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed Joint Administrators over Nature Food Restaurants Limited, a chain of restaurants based in the South East. The restaurants and bars specialised in contemporary Asian food and speciality cocktails. The chain had begun to struggle with increased costs and poor trade over the Christmas period. Moorfields were appointed by the directors following their expertise in the hospitality sector. The prime high street locations mean the restaurants are attracting a number of interested parties, which the Joint Administrators are hopeful will result in a sale in order to preserve jobs and maximise return to the creditors. For more information on Nature Food Restaurants Limited please contact Arron Kendall on 0207 186 1145 or email akendall@moorfieldscr.com. Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.

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Moorfields Appointed Administrators over Audio Equipment Distributor based in Oxford

Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed Joint Administrators over Path Products Ltd, an AV wholesaler and distributor operating in Oxford. Path Products Limited specialised in supplying and distributing audio and visual equipment. The start-up had traded for only 9 months following its restructure from Path Distribution Limited, Path Group Limited and Ixos Holdings Limited in November 2010. The company began to experience difficulties in 2011 suffering a 30% reduction in trade due to a number of its customers experiencing fewer sales as a result of the recession. Moorfields were instructed when the Company’s stakeholders failed to agree a second restructure. Despite having to cease trading Moorfields managed to realise the name and goodwill of the Company as well as achieving a price for the stock that far exceeded our agents break up valuation. The effective sale of the business as a going concern enabled us to protect the book debts resulting in a full recovery for the secured creditor. Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.

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Moorfields appointed Administrators over Audio Equipment Distributor based in Oxford

Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed Joint Administrators over Path Products Ltd, an AV wholesaler and distributor operating in Oxford. Path Products Limited specialised in supplying and distributing audio and visual equipment. The start-up had traded for only 9 months following its restructure from Path Distribution Limited, Path Group Limited and Ixos Holdings Limited in November 2010. The company began to experience difficulties in 2011 suffering a 30% reduction in trade due to a number of its customers experiencing fewer sales as a result of the recession. Moorfields were instructed when the Company’s stakeholders failed to agree a second restructure. Despite having to cease trading Moorfields managed to realise the name and goodwill of the Company as well as achieving a price for the stock that far exceeded our agents break up valuation. The effective sale of the business as a going concern enabled us to protect the book debts resulting in a full recovery for the secured creditor. Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.

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