L. & F. Jones Holdings Limited (01285219): administration
- Status
- Administration ended
- Administration began
- 2021-02-11
- Administrators' firm
- Mazars
- Formerly
- L. & F. Jones (Cash & Carry) Limited
- Incorporated
- 1976-11-05
- Location
- Bristol
- Industry
- 47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Cash flow / liquidity pressure
From the administrators' statement
The Company, originally formed in 1911, is registered in the United Kingdom under the number 01285219. At the time of my appointment, the Company owned and operated the Centurion Hotel (the “Hotel”) and the vacant Skills Centre in Midsomer Norton, Somerset, as well as two convenience stores in Batheaston and Wick.
Previously the Company also operated a wholesale foods division (operating under the trading name of “Jones Food Solutions”), along with 16 convenience stores at its peak.
In more recent times, however, the wholesale food division was loss making and a financial burden on the wider business of the Company, resulting in the Company experiencing financial difficulties.
Administrators' statement of proposals (2021-04-09) · Companies House register