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FRP Advisory appointed administrators to M & K Cotton Limited hotels

3 March 2011

Chris Stevens and Ian Vickers, partners at FRP Advisory LLP, the specialist restructuring, recovery and insolvency firm, were appointed Joint Administrators on 24 February 2011 to M & K Cotton Limited, operating company of both Sandpipers Hotel in the Isle of Wight and The Harboro Hotel in Melton Mowbray, Leicestershire. Both hotels are continuing to trade, welcoming guests and patrons as usual.

The company was placed into administration following financial difficulties that resulted in it being unable to continue trading without the protection of an insolvency process.

The Joint Administrators are continuing to operate both hotels as normal, with the assistance of appointed managing agents. They are also conducting an extensive marketing campaign for the sale of the business.

Commenting on the case, Chris said: "Trading is ongoing at both hotels and they are continuing to welcome guests as usual, with no plans to close. Meanwhile, we are hopeful of finding a purchaser in the near future, to protect the business and its employees."

Interested parties in the sale of the business should contact Tim Meek at James A Baker on 01225 789 343.

For further information, please contact us using the online form below.



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FRP Advisory LLP is incorporated in England and Wales under the Limited Liability Partnerships Act 2000 as a Limited Liability Partnership. Partnership Number: OC355680.

Registered office: 10 Furnival Street, London EC4A 1YH. A list of members’ names is open to inspection at this address.

Locations: East Midlands, Eastern Region, Kent, London, North, Northern Home Counties, South West, Sussex, West Midlands

www.frpadvisory.com