Malee Thai Restaurants Limited (06386405): administration
- Status
- Administration ended
- Administration began
- 2013-03-04
- Administrators
- Alisdair James Findlay
- Administrators' firm
- J Findlay of Findlay James (Insolvency Practitioners)
- Incorporated
- 2007-10-01
- Location
- Cheltenham
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was controlled and ran the Directors
The Company traded successfully up until 2011
Due to the economic downturn the restaurants were recelving fewer customers which reduced the Company's turnover and ultimately caused cash-flow problems The Company was also receiving fewer bookings for corporate and hospitality events
Administrators' statement of proposals (2013-05-08) · Companies House register