Krush Global Limited (03543766): administration
- Status
- Administration ended
- Administration began
- 2023-01-10
- Administrators
- Philip Reynolds, Ian James Corfield
- Administrators' firm
- FRP Advisory
- Incorporated
- 1998-04-09
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Weak consumer demand
- COVID-19
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Property / lease costs
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Business & Operations
The Company was incorporated on 9 April 1988 and was a wholesaler and retailer of healthy food and drink.
Trading under the name of ‘Crussh', food was produced in the business’s kitchen and direct sales were made through its own stores, along with wholesale to major catering, hospitality, supermarket and food retail partners.
Administrators' statement of proposals (2023-01-20) · Companies House register