Powerbanks Limited (04960800): administration
- Status
- Administration ended
- Administration began
- 2020-05-19
- Administrators
- Ryan Michael Davies, Ian Robert
- Administrators' firm
- Moore Kingston Smith & Partners
- Incorporated
- 2003-11-12
- Location
- London
- Industry
- 56102 Unlicenced restaurants and cafes
Why it went into administration
- COVID-19
From the administrators' statement
The history of the Company and details of events leading to the decision to place the Company into Administration, including the director's reasons for the Company's failure are stated below. This statement has been prepared by the director and any comments made, opinions | expressed, or assertions made are those of the director and not of Moore Kingston Smith & Partners LLP.
The Company was incorporated in November 2003 and commenced trading in March 2005 due to the acquisition of the rights to operate a sandwich bar in a popular entertainment park.
‘The sandwich bar opened seasonally in conjunction with the park itself and traded profitably .
Administrators' statement of proposals (2020-06-18) · Companies House register