# Roosters Piri Piri Ltd (07111558)

> Why UK company 07111558 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07111558

- **Status:** Administration ended
- **Administration began:** 2014-05-30
- **Administrators' firm:** MHA
- **Incorporated:** 2009-12-23
- **Location:** London
- **Industry:** 56102 Unlicenced restaurants and cafes

## Why it went into administration

- Property / lease costs

## From the administrators' statement

21 The Company commenced trading in 2010 specifically as the holder of franchise agreements for the 41 restaurants trading under the Company franchise The franchisees were originally contracted with the Company to finance the cost of refurbishment and rebranding and to purchase all stock from its sister company and food wholesater, London Food Service Limited (‘LFS’) at standard wholesale prices with no uphft from that charged to external customers

The key intellectual property rights are held personally by the Directors of the Company and the Director of LFS who then licence (free of charge) the following elements to the Company, which in turn includes in each franchise agreement logo/ trademark of the Company, recipes and interior design of restaurant

The onginal Company business plan was to build a high level of brand excellence from which the franchisee would be charged a royalty fee to maintain the franchise on behalf of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07111558/filing-history/MzEwMzM2NzAxOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07111558

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.