Gareth Harris and Diana Frangou of RSM UK Restructuring Advisory LLP were appointed Joint Administrators of RCA Hotels Limited, trading as Miskin Manor Hotel, on 19 October 2023.
The Company operates the historic Miskin Manor Hotel which has 42 bedrooms, together with a leisure club, restaurant and function facilities.
The decision to appoint administrators was made by the directors of RCA Hotels Limited after the business experienced cashflow pressures. The Joint Administrators’ intention is to stabilise the business with a view to continue trading the hotel whilst the hotel and business is marketed for sale as a going concern.
Diana Frangou, RSM UK restructuring partner and Joint Administrator, said: ‘Due to cashflow pressures, the directors took the hard decision to place the Company into administration.’
‘Regretfully, and since taking on the administration, certain operational difficulties at the hotel have resulted in an unavoidable cancellation of some key events at the venue in the very short term. We are extremely sorry for the distress this has caused for all involved. We are taking steps to ensure the hotel is fully operational by close of business on Monday 23 October.
‘We will be in touch with all customers who have bookings to provide further information. The Joint Administrators’ immediate strategy is to stabilise the operating position to enable the hotel to continue trading, whilst it is marketed for sale as a going concern. We are aware of interest already in the hotel from potential buyers.’
Customers with concerns should contact the Joint Administrators’ operations team in the first instance at [email protected].
