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
- HMRC / tax arrears
- Sustained trading losses
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