From the administrators' statement

Champagne Bars Limited was incorporated August 2009 under the directorship of Andrew Aldnch and Alan Clemence The company traded from House of Fraser, Manchester, operating as a high end champagne bar known as ‘Tom’s Champagne Bar’ The shareholders

• Andrew Aldnch, Alan Clemence and Devacon Limited (owned by David Hambleton and Ian Coffey) - invested a total of £130,000 mto the company in October 2009 to enable refurbishment and fit out of the bar The refurbishment was completed in November 2009 and the company began to trade thereafter.

In March 2010, Jon and Avril Manson bought Alan Clemence’s shareholding and invested £100,000 into the company, which was utilised to open a second champagne bar in House of Fraser, Glasgow, known as ‘Hugh’s Restaurant & Champagne Bar’. Alan Clemence later resigned as director on 13 July 2010

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Champagne Bars Limited (06983329)

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