Jessops Restaurants Limited (06002806): administration
- Status
- Administration ended
- Administration began
- 2012-02-06
- Administrators
- Mark Robert Fry, Kirstie Jane Provan
- Administrators' firm
- Begbies Traynor
- Formerly
- Pall Mall East Limited
- Incorporated
- 2006-11-20
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Cash flow / liquidity pressure
- Weak consumer demand
- Property / lease costs
From the administrators' statement
The Company and Riverside Restaurants Limited (in administration) ("Riverside’) operated licensed and unlicensed restaurant premises and various franchised restaurants PT Specialist Retailing Limited (in administration) ("PTSR’) 1s a holding company and operated a head office function, providing supervisory and administrative functions to its wholly owned subsidianes, the Company and Riverside
The Company, Riverside and PTSR shall also be referred to as “the Group” hereon, in this report The Group operated a number of catenng brands from 162 leasehold locations across the United Kingdom The Group employed approximately 2,000 employees
The reasons for the Company’s insolvency
Administrators' statement of proposals (2012-02-29) · Companies House register