Clementines Taverns Limited (07326247): administration
- Status
- Administration ended
- Administration began
- 2012-08-09
- Administrators
- Ryan Kevin Grant, Mark Nicholas Cropper, Simon Wilson
- Administrators' firm
- AlixPartners
- Incorporated
- 2010-07-26
- Location
- Manchester
- Industry
- 7487
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Weather / natural events
From the administrators' statement
2.1 Churchill was incorporated on 6 May 2008 and Clementines on 26 July 2010 The Entities operate licensed premises which trade in and around the Northampton area and employed approximately 70 people on both a full and part time basis Churchill operates from six leasehold premises and Clementines owns and operates five freehold premises
22 The Entities’ assets were purchased from the Admimstrators of Churchill Taverns Limited (CTL) and CTW (2010) Limited (formerly Churchill Taverns Wellingborough Limited) (CTW) in October 2010.
2.3 The Entities are funded by Barclays Bank plc (the Bank) and a schedule of charges held by the Bank 1s attached at Appendix B
Administrators' statement of proposals (2012-09-26) · Companies House register