Spianata & Company Limited (04474007): administration
- Status
- Administration ended
- Administration began
- 2021-04-16
- Administrators
- Joanne Louise Hammond, Kris Anthony Wigfield
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2002-07-01
- Location
- Sheffield
- Industry
- 47290 Other retail sale of food in specialised stores
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
From the administrators' statement
The joint administrators were initially contacted by BRM Solicitors ("BRM”) on behalf of their client, Mr Atkins, in relation to a possible application to court for the appointment of administrators. Following a brief conversation with BRM, Mr Atkins engaged Begbies Traynor (SY) LLP on 28 February 2021.
We were advised that the Company had been incorporated on 1 July 2002 with the registered office being situated at 4 Exchange Street, Harleston, Norfolk IP20 9AB. The Company's business consisted of two Italian bakeries and licensed cafes which traded from leased premises in London, situated at 24 King William Street, Candlewick, London EC4R 9AT and 7 More London Riverside, London SE1 2RT. The Company employed five members of staff across both sites. The Company's main administration was carried out at the registered office address as detailed above.
The Company was initially formed and operated for many years by its founder, Mr S Nicolai with various of Mr Nicolai’s family members being involved in the business. in 2017 Mr Nicolai was looking for outside equity investors into the Company. At this point, Mr N Atkins invested in the Company's business in 2017/2018, wherein a number of shares were acquired by him. In addition, Mr Atkins also became a director of the Company however, Mr Atkins was not immediately involved in the day to day management of the of the Company.
Administrators' statement of proposals (2021-05-18) · Companies House register