Lawrence Kenwright
| Lawrence Kenwright | |
|---|---|
| Born | Walton, UK |
| 💼 Occupation | Real estate developer/entrepreneur |
| 👔 Employer | Signature Living |
| Title | Founder |
Lawrence Kenwright is the founder of Signature Living. Signature Living operates various hotels and three apartment locations within the city which have been hugely successful. Kenwright's businesses are the go-to accommodation for large groups and party stays in Liverpool. See More
Early life[edit]
Kenwright was born in Walton, UK. He went to Alsop High School.
Career[edit]
Kenwright began a career in retail at the age of seventeen, and there are reports in the news about his situation. He founded the retail clothing company Yes & Co six years later.[1] Within six years, the company had 32 locations and eleven million pounds in annual turnover.[2] After selling the company, he became involved in real estate and development.
Working mostly in apartment buildings[1] Kenwright declared bankruptcy in 2010 owing very large amounts of money.[3] After the bankruptcy he began to rebuild his business.[4]
Development[edit]
Kenwright repurchased the apartment buildings he lost in the crash within two years, refocusing on multi-bed apartments for large group rentals.[1] During this period he cofounded the Titanic Hotel, a Titanic-themed hotel located in the building where the ship was first registered.[5]
Kenwright founded Signature Living in 2008,[6] a developer that restores historic buildings.[4][3] Many of his developments have become hotels,[7] having four in the City of Liverpool.[6] The company has about 250 million pounds in annual turnover.[1] The company also provides some housing for those who have lost their homes.[8]
From late 2018, lenders and investors experienced difficulties in gaining their contracted returns. This resulted in extensive coverage in the media, such as the BBC and Liverpool Echo.[9][10][11]
All lenders and investors currently have not received their full returns and some have not received any funds whatsoever. Media coverage has reported this has led to significant financial hardships for many private lenders who have not been repaid their money.[9][10][11]
Television[edit]
Kenwright appeared on the episode "Building Hackney Kids" of the television series Undercover Angel, a National Geographic Channel program that covered his construction of a disabled children's playground for the non-profit organization Hackney Kids. At the end of the episode he donated twenty thousand pounds to the organization.[12][4]
Between Kenwright and his wife, they are, or have been, directors of over 100 companies over the last 9 years, 6 of which have been dissolved, 16 have had compulsory strike off action in the last year and 9 which have overdue accounts.[13] In April 2020 Signature's Liverpool Shankly Hotel and the Signature group's parent company Signature Living Hotel Limited were put into administration,[14] a few months before the BBC debuted their fly-on-the-wall documentary series The Grand Party Hotel,[15][16][17] a BBC One programme which would focus on the Liverpool hotel's staff and guests (such as Wagner from The X Factor) and not the company's financial issues.[18]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 Parry, Josh (14 January 2016). "How Signature Living's Lawrence Kenwright went from rags to riches - twice". liverpoolecho.
- ↑ "Titanic struggle not to be a loser". www.bqlive.co.uk.
- ↑ 3.0 3.1 Mosalski, Ruth (17 April 2016). "Why a once bankrupt developer says he can save the Coal Exchange". walesonline.
- ↑ 4.0 4.1 4.2 White, Bethany (29 October 2016). "Coal Exchange owner to star in 'Secret Millionaire' style TV show". walesonline.
- ↑ "Lawrence Kenwright: I was pretty clueless about property - I had made a lot of money by that stage and then I lost everything" – via www.belfasttelegraph.co.uk.
- ↑ 6.0 6.1 Sell, George. "Record profits for Signature Living Group - BHN". Boutique Hotel News. Retrieved 2021-03-26.
- ↑ Parry, Josh (18 October 2016). "Lawrence Kenwright takes part in 'Secret Millionaire' style show". liverpoolecho.
- ↑ Houghton, Alistair (26 February 2018). "Lawrence Kenwright says he won't stand for council against 'Nasty' Nick Small". liverpoolecho.
- ↑ 9.0 9.1 "'Devastated' hotel investors fly to UK seeking their money". BBC News. 2019-11-16. Retrieved 2021-03-26.
- ↑ 10.0 10.1 "Investors tell of 'nightmare' with Liverpool hotel company". BBC News. 2019-05-11. Retrieved 2021-03-26.
- ↑ 11.0 11.1 Thorp, Liam (2019-11-19). "Pressure mounts on Signature Living as angry investors demand their money". Liverpool Echo. Retrieved 2021-03-26.
- ↑ "Building Kids Hackney". www.nationalgeographic.com.au.
- ↑ "signature.watch". signature.watch. Retrieved 1 April 2020.
- ↑ "Lancashire Post". Lancashire Post. Retrieved 1 April 2020.
- ↑ www.bbc.co.uk https://www.bbc.co.uk/programmes/m000mv5h. Retrieved 2021-03-26. Missing or empty
|title=(help) - ↑ "Frustrated BBC viewers brand new documentary series The Grand Party Hotel 'garbage'". Entertainment Daily. 2020-09-25. Retrieved 2021-03-26.
- ↑ "The Grand Party Hotel - S1 - Episode 1". Radio Times. Retrieved 2021-03-26.
- ↑ "Failed Signature Living group behind Belfast George Best Hotel features in BBC series". belfasttelegraph. ISSN 0307-1235. Retrieved 2021-03-26.
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