Fabg Limited (05699040): administration and why it failed

Fabg Limited (05699040): administration

Status: Administration ended
Administration began: 2015-05-07
Administrators: Peter Kubik, Michael Kiely
Administrators' firm: Quantuma
Incorporated: 2006-02-06
Location: London
Industry: 56102 Unlicenced restaurants and cafes

Why it went into administration

Property / lease costs
Weak consumer demand
Cash flow / liquidity pressure
Sustained trading losses
Parent or group failure

From the administrators' statement

3.2

3.7

FABG Limited (‘FABG’) was incorporated on 6 February 2006 by John Morrison, Anthony Carson and Anthony Monnickendam.

Administrators' statement of proposals (2015-07-03) · Companies House register

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Fabg Limited (05699040): administration

Why it went into administration

From the administrators' statement

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Fabg Limited (05699040)