State of the Art Restaurants Limited (01849183): administration
- Status
- Administration ended
- Administration began
- 2020-01-09
- Administrators' firm
- Williams & Partners
- Formerly
- Richard Farrow Limited
- Incorporated
- 1984-09-18
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Weak consumer demand
- Creditor pressure / legal action
- Rising costs / inflation
- HMRC / tax arrears
- Sustained trading losses
- Parent or group failure
- Brexit
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Joint Administrator.
A summary of the Company’s trading performance for the last two years is shown below:-
Profit & Loss Account
Administrators' statement of proposals (2020-02-14) · Companies House register