HWS Restaurants Limited (01072921): administration
- Status
- In administration
- Administration began
- 2025-01-16
- Administrators
- Christopher Robert Pole, William James Wright
- Administrators' firm
- Interpath Advisory
- Formerly
- Pizza HUT (U.K.) Limited; Dianthus Trading Company Limited
- Incorporated
- 1972-09-21
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Rising costs / inflation
- Cash flow / liquidity pressure
- Sustained trading losses
- Parent or group failure
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1972 and is headquartered in Borehamwood. The Company is a wholly owned subsidiary of Heart with Smart Limited.
The Company's role within the Group was as the operator of 140 Pizza Hut dine-in restaurants in the UK, under a franchise agreement with Yum.
At the date of appointment, the Company employed 3,158 members of staff across the head office and restaurants.
Administrators' statement of proposals (2025-02-03) · Companies House register