Barby Limited (06568523): administration
- Status
- Administration ended
- Administration began
- 2018-02-19
- Administrators
- Kevin James Coates, Catherine Williamson, Peter Mark Saville
- Administrators' firm
- AlixPartners
- Incorporated
- 2008-04-17
- Location
- Manchester
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Sustained trading losses
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 2008 and is part of the Jamie Oliver Restaurant Group (the Group).
The Company operated two premium restaurants trading under the name of ‘Barbecoa’. The Company did not own the brand and this was informally licensed to the Company from Jamie Oliver Enterprises Limited. The concept offered high-end meat and barbecue food and specialist desserts, trading from two leasehold premises at One New Change, St Paul’s (St Paul’s) and 194 Piccadilly (Piccadilly) in central London.
The Company also entered into an agreement for a lease in respect of a third site at the Nova Victoria development (Nova), also in central London, although this site has never opened or traded.
Administrators' statement of proposals (2018-03-07) · Companies House register