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The Staff Canteen Ltd (06574291): administration

Status
Administration ended
Administration began
2020-10-30
Administrators
Robert Christopher Keyes, Gareth Wyn Roberts
Administrators' firm
KRE Corporate Recovery
Incorporated
2008-04-23
Location
Reading
Industry
78109 Other activities of employment placement agencies

Why it went into administration

From the administrators' statement

The Company was adversely affected by the initial and ongoing effects of the Cavid-19 pandemic, which has thrown the hospitality industry into turmoil and the Company’s recent loss of turnover mirrors the general industry distress.

The Board of Directors, over the last four months have done everything they could to mitigate the downturn, however, with a diminishing order book coupled with fixed overheads the Board finds itself in a position where continued trading was proving to 3.2

3.3

Administrators' statement of proposals (2020-12-19) · Companies House register

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The Staff Canteen Ltd (06574291)

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