AMT Coffee Limited (02857483): administration
- Status
- Administration ended
- Administration began
- 2022-11-18
- Administrators
- Nicholas Holloway, William James Wright
- Administrators' firm
- Interpath Advisory
- Formerly
- AMT Enterprises Limited
- Incorporated
- 1993-09-28
- Location
- London
- Industry
- 56290 Other food services
Why it went into administration
- Sustained trading losses
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
From the administrators' statement
The Company’s principal activity was the management and operation of 43 coffee outlets, both kiosks and shops, within stations, airports and hospitals across the UK and Ireland. The Company was incorporated in September 1993 under AMT Enterprises Limited and commenced trading in Oxford in 1994, before being renamed to AMT Coffee Limited on 10 March 2004. In June 2021, the Company was acquired by NAMT HoldCo Ltd, which is majority owned by David Maxwell.
The Company had 310 employees and traded from 43 sites across the UK and Ireland. Upon the Sale, c.200 employees relating to the 25 sites, were transferred under TUPE, to the Purchaser.
The Company’s immediate parent is NAMT Holdco Limited, a holding company owned by David Maxwell (90%) and TTNYR Limited (10%).
Administrators' statement of proposals (2022-12-13) · Companies House register