Tue, 30 Jul 2019 | ADMINISTRATION
The Somerset-based Carlauren Group, which owns Grade II listed wedding venue Langdon Court Hotel, has announced that it has gone into administration.
The group owns a number of additional hotels across the country, including the Lambert Manor in the Lake District, and The Woodhouse in Morecombe, as well as many other UK care homes and resorts.
The public announcement was made on 24th July in a letter to clients and customers revealing that the company had appointed administrators, but will make every effort to prevent the move having an impact on the hotels.
Signed by the group's chief operating officer Andrew Jamieson and chief executive Sean Murray, the letter read: "Carlauren Group has instructed administrators. A full update with procedures and next steps will be distributed tomorrow.
"There is no cause for concern as this step is intended to protect all studio owners whilst updating them on the companies past financial trading by an independent third party."
The Carlauren Group is believed to have had financial difficulties for some time, with a petition in place to wind up associated company CHF 3 Limited, which trades from the same address.
The Carlauren also recently cancelled its plans to develop a new luxury hotel and "Ibiza style" beach club on the Isle of Wight. In addition, the Tyndale House care home in Somerset has been closed by the group due to financial losses with only a week's notice, resulting in late payments for many of the home's staff.
The administrators will now search for a new owner for the group, who will have the opportunity to turn the company's large portfolio around.
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