Thursdays (UK) Limited (06034603): administration
- Status
- In administration
- Administration began
- 2024-10-07
- Administrators
- Julian Heathcote, Daniel James Mark Smith
- Administrators' firm
- Teneo
- Formerly
- T.G.I. Friday's UK Limited; New TGI Limited
- Incorporated
- 2006-12-20
- Location
- Birmingham
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Regulatory change or action
From the administrators' statement
Hostmore was the listed entity in the Group on the London Stock Exchange (LON:MORE) and incorporated on 14 April 2021. Its shares were owned by a mixture of mainly institutional shareholders with the largest shareholding being 14%.
Thursdays
Thursdays was the main trading subsidiary of the UK listed hospitality Group, Hostmore, and operated 87 sites across the UK under the American-themed casual dining brand ‘TGI Fridays’, which was licenced from a franchisor, a non-related entity, that sits under separate US ownership.
Administrators' statement of proposals (2024-10-19) · Companies House register