# Taylor ST Baristas Limited (05706576)

> Why UK company 05706576 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05706576

- **Status:** Administration ended
- **Administration began:** 2019-07-19
- **Administrators' firm:** Williams & Partners
- **Incorporated:** 2006-02-13
- **Location:** London
- **Industry:** 47290 Other retail sale of food in specialised stores

## Why it went into administration

- Creditor pressure / legal action
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Over-expansion / investment not recovered

## From the administrators' statement

The Company was formed by founder siblings, Nick, Andrew and Laura Tolley, and was incorporated on 13 February 2006, its principal activity being that of the sourcing, roasting, retail and wholesale of coffee.

At the time of the commencement of trading, London’s speciality coffee scene was still in its infancy. In recognition of the lack of options available, and scope and potential for the future, the founders aimed to take advantage of the growth in consumer demand for quality coffee.

Nick Tolley (“NT”) acted as CEO, overseeing all operational aspects of the business. Andrew Tolley (“AT”) — a Q grader coffee taster, was the Company’s Head of Coffee, and took charge of green coffee sourcing and procurement, barista training programmes and development of the Company’s unique blends and roast profiles. Laura Tolley was responsible for the design and project management of all stores and locations. Richard Shaer (“RS”) joined in 2013 as coCEO, focusing on the finance, marketing and technical sides of the business.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05706576/filing-history/MzI0NDYwOTk4OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05706576

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.