Court records show legal action has been launched against Gryphon Leisure Limited in the Business and Property Courts of England and Wales.
The petition, listed under case number CR-2026-000901, is currently active.
Winding-up petitions are typically brought by creditors seeking to recover unpaid debts and can ultimately force a company into compulsory liquidation if a judge grants the order.
Legal filings indicate the case has been brought by HM Revenue and Customs, with additional creditors also backing the action.
Latest twist after sudden hotel closure
The development comes just weeks after the landmark Stradey Park Hotel closed with immediate effect.
The sudden shutdown left staff facing redundancy and threw the future of one of Llanelli’s best-known hospitality venues into doubt.
The hotel had already been at the centre of national controversy after proposals to use the site to house asylum seekers sparked months of protests and political debate.
Following the closure, Carmarthenshire County Council said it was working with partners to support former staff.
Complicated ownership picture
The legal situation surrounding the hotel is far from straightforward.
While Gryphon Leisure was historically linked to the running of the venue, majority control of the business is understood to have passed to Ullcom Limited in late 2024.
Both companies are associated with businessman Ahsan Ullah, who has previously spoken publicly about the difficulties faced by the hotel during the long-running row over asylum accommodation plans.
That overlap in ownership has raised questions about how the winding-up case could affect the future of the site.
Bedroom investors add further complexity
The situation is made even more complicated by the way the hotel itself was structured financially.
Over the years, individual rooms in the hotel were sold to private investors, meaning multiple people effectively own separate bedrooms within the building.
Some of those investors are now believed to be among the creditors involved in the winding-up proceedings.
That fragmented ownership could make any future sale of the hotel far more complicated, as various financial interests would need to be resolved before the site could change hands.
What happens next
The next stage will be a High Court hearing, expected in the coming weeks.
At that hearing a judge could:
- grant a winding-up order placing the company into liquidation
- adjourn proceedings to allow debts to be settled
- or dismiss the petition entirely.
If liquidation is ordered, an official receiver would take control of the company and begin selling assets to repay creditors.
Uncertain future for landmark site
With the hotel already closed and ownership spread across several parties, the long-term future of the building remains unclear.
Possible outcomes could include the hotel being sold to a new operator, the site being auctioned as part of insolvency proceedings, or redevelopment for a different use subject to planning permission.
Local leaders have previously received assurances that the building is not being considered for asylum accommodation.
For now, the fate of the well-known Llanelli landmark may depend on what happens next in the High Court.
