City District Limited (07320442): administration
- Status
- Administration ended
- Administration began
- 2021-03-01
- Administrators
- Julian Pitts, Robert Alexander Henry Maxwell
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2010-07-20
- Location
- Leeds
- Industry
- 56101 Licenced restaurants
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Property / lease costs
From the administrators' statement
The Company was incorporated in July 2010 for the purpose of operating gaucho-style grilling and rodizio dining restaurants. The Company successfully rolled out the trading brand Fazenda in Leeds, Liverpool, and Manchester and later developed the Picanha brand in 2016. This allowed the business to explore opportunities in smaller cities, such as Chester.
The business was headquartered in Huddersfield and employed 312 members of staff across its six restaurants and head office.
Following the success of the restaurants in Leeds, Liverpool and Manchester, the Company opened two further Fazenda restaurants in Edinburgh and Birmingham in 2018, which was a key driver in the Company’s revenue growth.
Administrators' statement of proposals (2021-03-18) · Companies House register