PYN Limited (06972953): administration
- Status
- Administration ended
- Administration began
- 2013-10-07
- Administrators
- Craig Johns, Jason Mark Elliott
- Administrators' firm
- Johns of Cowgill Holloway Business Recovery
- Incorporated
- 2009-07-27
- Location
- Bolton
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated in July 2009 by Yvonne Goldsmith-Rybka, Nicky Goldsmith and Paul Astill (“the Directors”) and began trading immediately as a restaurant and bar in
Manchester city centre
The premise from which the Company traded from was leased and prior to opening, significant improvements were made to the fixtures and fittings These improvements were paid for via a loan in the sum of £80,000 from Carlsberg UK (“Carlsberg”), a loan in the sum of £50,000 from Goldsmith & Rybka Limited, and some personal investment from the
Administrators' statement of proposals (2013-11-19) · Companies House register