Leisure Worldwide Delux Limited (07216393): administration
- Status
- Administration ended
- Administration began
- 2011-05-13
- Incorporated
- 2010-04-08
- Location
- Driffield
Why it went into administration
- Property / lease costs
From the administrators' statement
The company traded as a bingo club operator from two leasehold sites, in Folkstone andEastbourne (see above) The workforce was in the region of 23 people
The business was purchased by the company from Stylus Sports Limited — in administration in April 2010 The company continued to employ various members of staff. including the manager. who was a director of Stylus Sports Limited
Following the purchase of the business 1t soon became apparent to the directors that the bingo clubs were not able to generate sufficient income to cover the running costs, in particular the rent of the Eastbourne premises, which was considered to be in excess of market value
Administrators' statement of proposals (2011-07-08) · Companies House register