Le Pigalle Limited (04643264): administration
- Status
- Administration ended
- Administration began
- 2012-07-13
- Administrators
- Lane Gary Bednash
- Administrators' firm
- CMB Partners
- Formerly
- Mean Fiddler Ticketing Limited
- Incorporated
- 2003-01-21
- Location
- London
- Industry
- 56302 Public houses and bars
Why it went into administration
- Property / lease costs
From the administrators' statement
LPL 1s the leasehoider of part of the ground floor and basement of Piccadilly House, 215-217 Piccadilly, London SW1_ The lease was granted to LPL by Clydesdale Bank plc at a rent of £98,000 per annum exclusive of VAT for a term of 30 years from 25 December 2007 The premises operated as a nightclub “Le Pigalle”
In June 2006, LPL granted a Debenture to West End Participations AG (“WEP”) (a company Incorporated under the laws of Switzerland, of which Mr David West ts a director) in consideration for WEP advancing to it the sum of £1 8m Subsequently, a further £300,000 was advanced making the total indebtedness to WEP, secured by the Debenture, £2 im
Admunistrator’s Report and Statement of Proposals
Administrators' statement of proposals (2012-09-13) · Companies House register