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Bello Bello Limited (07156414): administration

Status
Administration ended
Administration began
2012-06-27
Administrators
Gordon Craig
Administrators' firm
Refresh Recovery
Formerly
Strawbury Duck Limited; Strawberry Duck Limited
Incorporated
2010-02-12
Location
Skelmersdale
Industry
56101 Licenced restaurants

Why it went into administration

From the administrators' statement

important Note The information contained in this section has been provided by the Director of the Company and no verification work has been undertaken by the Administrator

The Company was incorporated on 12 February 2010 as Strawberry Duck Limited by Adam Chapman, who changed the Company name to Strawbury Duck Limited on 1 April 2010, and was set up to redevelop an empty premises owned by Punch Taverns Limited, which had been empty for over 2 years, at Overshores Road, Turton Bolton BL7 OLU and convert it into a pub/restaurant

Adam Chapman approached Punch Taverns Limited who agreed to provide the Company with a loan of £55,000 to undertake the refurbishment of the premises which was to be repaid over a 4 year period once the Company had started trading and provided the Company with a 10 year lease paying a rent of £35,000 per annum which was personally guaranteed by Adam Chapman

Administrators' statement of proposals (2012-08-30) · Companies House register

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Bello Bello Limited (07156414)

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