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Butcher & Barrel Limited (07168393): administration

Status
Administration ended
Administration began
2013-02-21
Administrators
Neil A Bennett, Alex David Cadwallader
Administrators' firm
Leonard Curtis
Incorporated
2010-02-24
Location
London
Industry
56302 Public houses and bars

Why it went into administration

From the administrators' statement

The Company was incorporated on 24 February 2010 and commenced trading shortly after The Company's main activity ts trading a number of public houses in Central and South West London The Company currently trades from three public houses and has 41 staff, the majonty of which are employed on a part time basis All of the public houses are fully licensed and offer customers a wide range of food and drinks

The pubs are operated from leasehold premises at Croydon Road, Mitcham, Surrey CR4 4JA (The Ravensbury Arms), Carpenter's Mews, North Road, Islington N7 9EF (The George Shillibeer) and 144 East Street, Epsom, Surrey KT17 1EY (The Kings Arms)

The Company has been financed by trading income and loans provided by John Billig (“Mr Billig”) and Twickenham Taverns Limited (“TTL”) (a related company by virtue of common management) of £1,021m and £133k respectively Mr Billg holds a floating charge debenture over the Company's assets Solicitors are finalising a review of Mr Billig’s charge and have provisionally advised that the floating charge may not be secured against the entire debt This matter ts ongoing and should be finalised shortly

Administrators' statement of proposals (2013-04-12) · Companies House register

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Butcher & Barrel Limited (07168393)

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