Byron Hamburgers Limited (07228130): administration
- Status
- Administration ended
- Administration began
- 2020-07-31
- Administrators
- William James Wright, Claire Sophie Winder
- Administrators' firm
- KPMG
- Incorporated
- 2010-04-20
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Byron Hamburgers Limited was incorporated on 20 April 2010, and its primary activity was the management and operation of a chain of casual dining burger restaurants across England and Scotland, operating under the ‘Byron’ brand.
At the date of the Joint Administrators’ appointment, the Company operated 51 restaurants and employed a total of 1,211 staff. In the-12 months to 30 June 2019, the Company had a turnover of approximately £70.9 million and recognised negative EBITDA of £2.4 million. The Company’s immediate parent is DMWSL 740 Limited, which is itself owned by parent
holding companies AVS Midco Limited and AVS Holdco Limited (together th the ‘Group’). The Company's group structure is set out below:
Administrators' statement of proposals (2020-08-25) · Companies House register