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Welsh Government Questioned Over Snowdonia Hotel Ltd Finance / Holi Llywodraeth Cymru am gyllid Snowdonia Hotel Ltd

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Friday, 7 February, 2025
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Janet Finch-Saunders, Member of the Welsh Parliament for Aberconwy, has spoken out about the money owed by Snowdonia Hotel Ltd, after a series of questions scrutinising the Welsh Government.

The administrator, Begbies Traynor, has released a Statement of Affairs for Snowdonia Hotel Ltd. It outlines how much the company owes creditors and the assets available to pay those debts.

There are 95 creditors, with the amount owed totalling £14.3m. The hotel is estimated to realise £7.13m, and the fixture and fittings: £200,000.

 

Welsh Government are owed £1.14m. They are estimated to receive around £349,000 back as the second ranked fixed charge holder.

 

Commenting on the financial situation, Janet said:

 

“We know for a fact that the Welsh Government has a charge against Snowdonia Hotel Ltd. However, in response to a chain of questions by me, Rebecca Evans MS, Cabinet Secretary for Economy, Energy, and Planning, has disclosed that the charge is not limited to the assets of Snowdonia Hotel Ltd and remains on the assets which did not relate to Snowdonia Hotel Ltd.

 

“Having questioned the situation further, the Cabinet Secretary has advised that the legal charge remains against the assets of Adventure Parc Snowdonia Ltd.

 

“I am now awaiting an explanation as to how and when the charge was transferred from Snowdonia Hotel Ltd to Adventure Parc Snowdonia Ltd, and what consideration has been given to calling in the finance owed by Adventure Parc Snowdonia Ltd to the Welsh Government.

 

“As I have commented on several occasions, changes are needed to how Welsh Government award taxpayers money to private enterprises”.

 

ENDS

Photo: Janet Finch-Saunders MS/AS

 

Written Question by Janet Finch-Saunders (Aberconwy): Further to WQ95442, is it the case that the Welsh Government is unable to act on the charge against Snowdonia Hotel Ltd because they have no remaining residual assets? (WQ95565)

 

Mae Janet Finch-Saunders, AS Aberconwy, wedi siarad am yr arian sy'n ddyledus gan Snowdonia Hotel Ltd, ar ôl cyfres o gwestiynau'n craffu ar Lywodraeth Cymru.


Mae'r gweinyddwr, Begbies Traynor, wedi rhyddhau datganiad o faterion ar gyfer Snowdonia Hotel Ltd. Mae'n amlinellu faint o arian sydd ar y cwmni i gredydwyr a'r asedau sydd ar gael i dalu'r dyledion hynny.


Mae 95 credydwr, gyda chyfanswm o £14.3m yn ddyledus. Amcangyfrifir bod y gwesty yn werth £7.13m, a'r gosodiad a'r ffitiadau: £200,000.

 

Mae £1.14m yn ddyledus i Lywodraeth Cymru. Amcangyfrifir y bydd y Llywodraeth yn derbyn tua £349,000 yn ôl fel ail ddeiliad taliad sefydlog mwyaf y cwmni.

 

Wrth sôn am y sefyllfa ariannol, dywedodd Janet:

“Mae gan Lywodraeth Cymru arwystl yn erbyn Snowdonia Hotel Ltd. Fodd bynnag, mewn ymateb i res o gwestiynau gennyf, mae Rebecca Evans AS, Ysgrifennydd y Cabinet dros yr Economi, Ynni a Chynllunio, wedi datgelu nad yw'r arwystl wedi'i gyfyngu i asedau Snowdonia Hotel Ltd ac mae'n parhau i fod ar yr asedau nad oeddent yn ymwneud â Snowdonia Hotel Ltd.

“Ar ôl derbyn mwy o gwestiynau am y sefyllfa, mae Ysgrifennydd y Cabinet wedi egluro bod y cyhuddiad cyfreithiol yn parhau yn erbyn asedau Adventure Parc Snowdonia Ltd.

“Rwyf nawr yn aros am esboniad ynghylch sut a phryd y trosglwyddwyd yr arwystl o Snowdonia Hotel Ltd i Adventure Parc Snowdonia Ltd, a pha ystyriaeth sydd wedi'i rhoi i alw’r cyllid sy'n ddyledus gan Adventure Parc Snowdonia Ltd i Lywodraeth Cymru.

“Fel rydw i wedi sôn droeon o’r blaen, mae angen newid y modd mae Llywodraeth Cymru yn dyfarnu arian trethdalwyr i fentrau preifat”.

DIWEDD
Llun: Janet Finch-Saunders AS

Cwestiwn Ysgrifenedig gan Janet Finch-Saunders (Aberconwy): Ymhellach i WQ95442, a yw'n wir na all Llywodraeth Cymru weithredu ar yr arwystl cyhuddiad yn erbyn Snowdonia Hotel Ltd oherwydd nad oes unrhyw asedau gweddilliol ar ôl?
Ymateb gan Rebecca Evans AS, Ysgrifennydd y Cabinet dros yr Economi, Ynni a Chynllunio: “Na, nid yw hynny’n wir.  Nid yw'r arwystl yn gyfyngedig i asedau Snowdonia Hotel Ltd ac mae'n parhau ar yr asedau nad oeddent yn ymwneud â Snowdonia Hotel Ltd.”

 

 

Response from Rebecca Evans MS, Cabinet Secretary for Economy, Energy and Planning: “No, it is not the case.  The charge is not limited to the assets of Snowdonia Hotel Ltd and it remains on the assets which did not relate to Snowdonia Hotel Ltd.”

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