Drystone Inns Limited (02529933): administration
- Status
- Administration ended
- Administration began
- 2013-10-25
- Administrators
- S Williams, Philip Deyes
- Administrators' firm
- Leonard Curtis
- Formerly
- Broadprize Limited
- Incorporated
- 1990-08-10
- Location
- Leeds
- Industry
- 47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Rising costs / inflation
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
Drystone Inns Limited (“the Company”) was incorporated in 1990 and commenced to trade in April 1991 and operated as a public house and bar operator across the North of England
At the date of Administration the Company operated from three leasehold locations at Exchange Bar, Rotherham, X Bar, Wakefield and the Old Monk, Sheffield The Company employed 25 people at the date of Administration
Over the last 36 months the Company has found trading to be difficult During this period the Company has been loss making, this was largely as a result of the following reasons
Administrators' statement of proposals (2013-12-19) · Companies House register