# GB Holdings (UK) Limited (04581702)

> Why UK company 04581702 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04581702

- **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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04581702/filing-history/MzQyODk0MDg4MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04581702

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.