Hummus Brothers Limited (05045547): administration
- Status
- Administration ended
- Administration began
- 2018-06-25
- Administrators' firm
- ReSolve
- Formerly
- Humus Brothers Limited
- Incorporated
- 2004-02-16
- Location
- London
- Industry
- 56103 Take-away food shops and mobile food stands
Why it went into administration
- Rising costs / inflation
- Property / lease costs
- Weak consumer demand
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated in February 2004 and began trading in August 2005 from leasehold premises in Wardour Street, London, as a hummus restaurant. Latterly, the Company operated from a further five leasehold premises in London, supported by a centralised kitchen at a leasehold property in Mentmore Terrace, London.
The Company also operated pop up hummus bars in a number of corporate restaurants throughout London.
Operations were funded by secured loans from HSBC as well as unsecured peer to peer lending of circa. £340,799, principally via the Crowd2Fund and Seedrs platforms.
Administrators' statement of proposals (2018-08-30) · Companies House register