From the administrators' statement

The Company was incorporated on 6 November 2009 operating bars, restaurants, nightclubs and a hotel throughout the UK, The sites were split into two business units; The Living Rooms (TLR} and Ultimate Leisure (UL)

Zolfo Cooper Corporate Finance Limited (ZCCF) was introduced to the Company by The Royal Bank of Scotland plc (RBS) 1n late 2012. This was due to a decision by the Company’s director and its shareholders to wind down the Company and realise its assets in an orderly fashion to repay the amounts due to its lenders following the prolonged underperformance of the Company's estate

Work commenced at the request of the Company's semor lenders, RBS, West Register Investments Limited, AIB Group (UK) plc and AIB Joint Ventures Limited (together the Banks). RBS acts as secunty trustee for the Banks.

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PBR Leisure Limited (07069167)

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