VOX Restaurant Limited (06388512): administration
- Status
- Administration ended
- Administration began
- 2015-06-18
- Administrators
- Andrew Andronikou, Peter Kubik
- Administrators' firm
- Quantuma
- Incorporated
- 2007-10-03
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was incorporated on 3 October 2007 by two former directors, however, 1t commenced trading on 27 February 2009 as The Criterion Restaurant (‘The Criterion’) at 224 Piccadilly, London, W1 9HP
Pnor to this the Company was actively seeking to invest in a new venture It took a considerable amount of tume to acquire the premises of The Criterion. The directors’ intention was to turn the struggling restaurant into a profitable venture
The Company was formed by a cash injection of c£1.2mullion that was utilised for the sub-lease of the restaurant premises for 25 years, £525,000 for the rent deposit and a further £500,000 for refurbishment and operations All mvestments into the Company have been made in personal capacities and no bank overdraft facilites were obtained by the Company at any time
Administrators' statement of proposals (2015-08-17) · Companies House register