Creditors owed £1.4m as hotel and weddings venue owner faces liquidation
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The company that owned Lincoln-based country house hotel and weddings venue Branston Hall has been wound up, owing almost £1.4m to creditors.
Administrators from RSM were called in to South Springs at the end of November. Now, new documents seen by TheBusinessDesk.com show that the company has been wound up with a long list of creditors unlikely to receive cash owing to them.
The owners of Branston Hall called the decision to call in administrators a “devastating blow” and said they were “heartbroken”. Some of those that had booked weddings at the venue had complained on the hotel’s Facebook page of poor communication and were worried that their deposits were now lost forever.
Documents drawn up by administrators show that South Springs owned £1.36m to creditors. However, on December 14 a resolution was passed to wind up the firm with a liquidator now appointed.
Branston Hall Hotel, once a stately home for the Melville family, has 53 guest bedrooms and is three miles south of Lincoln. It sits within 88 acres of stunning parkland and lakes.