AB Trafalgar Square Limited (04924457): administration
- Status
- Administration ended
- Administration began
- 2014-01-08
- Administrators' firm
- Opus Restructuring
- Formerly
- AB Trafalgar Square PLC; Albannach Brands PLC; Albannach Brands Limited
- Incorporated
- 2003-10-07
- Location
- Milton Keynes
- Industry
- 56302 Public houses and bars
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Over-expansion / investment not recovered
- Sustained trading losses
From the administrators' statement
AB Trafalgar Square Limited (hereinafter referred to as (“the Company”) was incorporated on 7 October 2003 by Mr Dan Sullam (“DS”) one of the current directors
The Company's principal trading activity is a Scottish themed restaurant and bar trading as the Albannach at 66 Trafalgar Square, London, WC2N 5DS
The Directors identified the lack of a Scottish brand of hospitality in London and in other international cities and endeavoured to emulate the Irish pubs success
Administrators' statement of proposals (2014-03-06) · Companies House register