Georges Tradition Limited (03067108): administration
- Status
- Administration ended
- Administration began
- 2021-10-25
- Administrators
- Arvindar Jit Singh, Raj Mittal
- Administrators' firm
- FRP Advisory
- Formerly
- Cameo Catering Company Limited
- Incorporated
- 1995-06-12
- Location
- Birmingham
- Industry
- 10200 Processing and preserving of fish, crustaceans and molluscs
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 12 June 1995 and currently operates six leasehold fish and chip shops and one freehold pub (The Thorn Tree Inn), predominantly located in the East Midlands.
The Company also processes fish and potatoes (predominantly supplying the Company’s establishments) from leasehold premises in Ilkeston. In addition, this division also supplies and supplies two third party shops located in Loughborough and Leek which utilise the Company’s branding, “George’s”.
The Company is part of a wider group with GTH and GTB (the latter with common director/ shareholders). FTI, the Group’s preference shareholder and secured lender) had provided significant funding for the Group's development over recent years, in particular to support a former restaurant operation (see further details below). The Company also had secured debt funding from HSBC.
Administrators' statement of proposals (2021-12-17) · Companies House register