Tenby’s Fourcroft Hotel has gone into administration it was announced last week, following a high court hearing where the hotel company’s boss was removed.

The Grade II-listed 40-bedroomed seafront hotel situated along The Croft overlooking the North Beach and Carmarthen Bay, was was one of several properties acquired by Northern Powerhouse Developments (NPD) two years ago, after it was purchased from the family that had owned the Georgian-era premises for over 70 years.

NPD boss Gavin Woodhouse lost control of three of his companies last month after a judge ruled that his business model appeared to be “thoroughly dishonest” after publication of an undercover investigation by the Guardian and ITV News, which posed questions about the business interests of Mr. Woodhouse, who has raised more than £80m from private investors but whose firms have a multimillion-pound “black hole”.

At a high court hearing Judge Sally Barber ordered that two care home businesses owned by Mr. Woodhouse, along with the entrepreneur’s planned £200m outdoor adventure resort near Port Talbot - Afan Valley Ltd, be placed instantly into interim administration.

Following the hearing any powers that Mr. Woodhouse possessed as a director were immediately removed and administrators from the insolvency firm Duff & Phelps took over the running of the companies until a full hearing.

A notice in the official public record, The Gazette, states that Philip Duffy and Sarah Bell from Duff & Phelps have been appointed as joint administrators of Fourcroft Hotel (Tenby) Limited.

At the time of the purchase in January 2017, Mr. Woodhouse outlined his plans for expansion to complement his company’s existing hotels up and down the coastline of the UK, stating that the Fourcroft Hotel would be the sister hotel to the Llandudno Bay Hotel and Spa and part of the group’s premier ‘whisper hotels’ collection.

Plans to purchase the neighbouring Croft House Apartments which forms part of the Georgian terrace, constructed in 1830, were also in the pipeline.

“We are keen to compliment the local businesses and hope to be part of the future success of Tenby and the surrounding areas,” said Mr. Woodhouse at the time.