Billing Aquadrome Limited - administration

Billing Aquadrome Limited, the owner of a popular 235-acre leisure park in Northamptonshire, reportedly entered administration on 6 July, with Grant Thornton appointed as administrators. The company’s parent, Royale Life Group, said that the company had been placed in administration as part of a "recapitalisation process", and that the park will operate as usual. Glas Trust Corporation Limited has fixed and floating charges against the company’s assets.