GB Holdings (UK) Limited (04581702): administration
- Status
- Administration ended
- Administration began
- 2024-06-28
- Administrators
- Emma Priest, Glyn Mummery
- Administrators' firm
- FRP Advisory
- Incorporated
- 2002-11-05
- Location
- Brentwood
- Industry
- 56302 Public houses and bars
Why it went into administration
- Cash flow / liquidity pressure
- COVID-19
- Rising costs / inflation
- Sustained trading losses
- Parent or group failure
- Brexit
From the administrators' statement
The Company was established in 2002 operating as a holding company for a number of high performing businesses in the entertainment and hospitality sectors.
These include two major music festivals, which are the largest of their type in the UK and three thriving bars and clubs located in the heart of Birmingham’s iconic gay village.
The music festivals comprise the Solihull Summer Festival and Paric Festival, the largest Irish music and culture event at Birmingham’s Irish Centre.
Administrators' statement of proposals (2024-07-19) · Companies House register