Patrick's Restaurants Limited (05576124): administration
- Status
- Administration ended
- Administration began
- 2017-04-05
- Administrators
- Michael Robert Fortune, Carl Derek Faulds
- Administrators' firm
- Proudley Associates
- Incorporated
- 2005-09-27
- Location
- Fareham
- Industry
- 56101 Licenced restaurants
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
Patrick’s Restaurants Limited is a private company incorporated in 2005 by Patrick Michael. The principal activity of the company is that of a bar and restaurant in Poole, Dorset and providing the provision of event catering services.
The company began trading in its current premises in June 2006 following a renovation by the landlord who converted the building from a bank to a restaurant.
At the outset turnover was approximately £20k per week until the introduction of the smoking ban in July 2007. Unfortunately the company did not have any outside space to accommodate smokers and turnover reduced to between £11k and £15k per week.
Administrators' statement of proposals (2017-06-22) · Companies House register