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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

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

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Leisure Worldwide Delux Limited (07216393)

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