SAN Paolo Restaurants Limited (05569872): administration
- Status
- In administration
- Administration began
- 2008-03-10
- Administrators
- William John Kelly, James Patrick Nicholas Martin
- Administrators' firm
- Begbies Traynor
- Formerly
- La Galleria Restaurants Limited
- Incorporated
- 2005-09-21
- Location
- Birmingham
- Industry
- 5530
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
Following a career in Bar and Restaurant Design, Denise Harrison established the Company in September 2005 With the assistance of David Wiliams, who had expenence in bar and restaurant management, the intention was to provide a new Italian restaurant and bar to the growing residential and business sectors in the heart of Bimingham’s Jewellery quarter
Trading started from the leasehold premises in July 2006 after a large scale refurbishment in both the Bar and Restaurant areas, which were funded by the director, with further cash injections provided by Mr Willams The Company employed 15 members of staff, bnnging in a Head Chef and a restaurant manager to cater for up to 100 covers per sitting
The levels of interest were not as initially anticipated, further capital injections were provided by a loan from Merchant Cash Express to bulld an attractive outdoor decking area for both the restaurant and bar In an attempt to improve trading
Administrators' statement of proposals (2008-05-10) · Companies House register