Le Pain Quotidien, Ltd (05140197): administration
- Status
- Administration ended
- Administration began
- 2020-06-11
- Administrators
- Jonathan Charles Marston, Robert Andrew Croxen
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Village DU Pain Limited
- Incorporated
- 2004-05-28
- Location
- Brighton
- Industry
- 56101 Licenced restaurants
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Full details of the events leading up to the administration can be found in the Statement of Insolvency Practice 16 ("SIP 16”) statement at Appendix 7. A brief summary is provided below, which can be read in conjunction with the SIP 16 statement.
. Continued trading challenges and coronavirus: ;
‘On 18 March 2020, and as a result of the COVID-19 pandemic, the UK government enforced
Administrators' statement of proposals (2020-07-01) · Companies House register