Passepartout's Limited (06773508): administration
- Status
- Administration ended
- Administration began
- 2016-07-26
- Administrators
- Russell Stewart Cash, Ben Woolrych
- Administrators' firm
- FRP Advisory
- Incorporated
- 2008-12-15
- Location
- Manchester
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Sustained trading losses
- Property / lease costs
From the administrators' statement
Passepartout’s Limited and Helen’s Cuisines Limited are subsidianes of Buffet Restaurants Limited which traded as Red Hot World Buffet, a multi-cursine buffet restaurant chain The Companies were incorporated on 15 December 2008 by Parmypit and Helen Dhaliwal.
In 2013 Risk Capita! Partners led a management buyout of 100% of the Companies’ shares and the founders were retained as directors
PPL traded from leasehold premises in Leeds, Leicester, Liverpool and Manchester and HCL
Administrators' statement of proposals (2016-09-19) · Companies House register