Gusto Restaurants Limited (02177931): administration
- Status
- In administration
- Administration began
- 2025-07-29
- Administrators
- William James Wright, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Formerly
- Living Ventures Restaurants Ltd; EST EST EST Restaurants Limited; Lilley's Restaurant Limited
- Incorporated
- 1987-10-13
- Location
- Manchester
- Industry
- 56101 Licenced restaurants
Why it went into administration
- COVID-19
- Rising costs / inflation
- Property / lease costs
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Gusto Restaurants Limited (the ‘Company’) was incorporated on 13 October 1987. The Company operated a network of 13 Italian inspired premium restaurants located throughout the United Kingdom under the ‘Gusto’ brand.
The Company’s head office was in Knutsford and at the date of our appointment employed 492 people.
We are not aware of any connected party transactions in the two years prior to the administration, though our investigations into the pre-appointment affairs of the Company are ongoing as outlined in Section 3.
Administrators' statement of proposals (2025-08-14) · Companies House register