DON Leisure Limited (01145503): administration
- Status
- Administration ended
- Administration began
- 2015-03-31
- Administrators
- Mark Malone, William John Kelly
- Administrators' firm
- Begbies Traynor
- Formerly
- VAN ZYL Enterprises (Kenfig Hill) Limited
- Incorporated
- 1973-11-14
- Location
- Birmingham
- Industry
- 56101 Licenced restaurants
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Weather / natural events
From the administrators' statement
The Company was incorporated on 14 November 1973 by Donald Deakin and Ted Crole for the purposes of operating amusement arcades across the south of Wales
In 1979, capital totalling £100,000 was introduced to the Company by the directors in order to purchase The Royal Pier in Aberystwyth At the date of purchase the pier was in an extremely poor state of repair Significant funds were invested in order to renovate the structure
Once in a serviceable condition, the pier traded profitably for 30 years During this period the company's profits were periodically reinvested to continue developing the structure into it’s current form This included fitting out the nightclub, installing an adult gaming centre and renovating the Brasserie restaurant
Administrators' statement of proposals (2015-06-05) · Companies House register