companydig

Newgate Restaurants Limited (07418791): administration

Status
Administration ended
Administration began
2020-06-18
Administrators
Andrew Knowles, James Saunders
Administrators' firm
Kroll
Formerly
LVM Newco Limited
Incorporated
2010-10-26
Location
Manchester
Industry
56101 Licenced restaurants

Why it went into administration

From the administrators' statement

Blackhouse was placed into a CVA in October 2018 in an attempt to restructure the business and improve the profitability going forward. The CVA was due to be finalised in March 2020 when the business began to be affected by Brexit uncertainty and the early effects of the Coronavirus lockdown measures handed down by the UK Government.

‘The instructions provided by the Government in response to the Coronavirus pandemic forced the business

‘- to close on Friday 20 March 2020. As a-result, the Directors of Blackhouse proposed a variation to the terms: of the CVA on 31 March 2020 which included an extension to the CVA in the hope that the market would

Administrators' statement of proposals (2020-09-04) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Processing now

Recently viewed & analysed

Loading…

Newgate Restaurants Limited (07418791)

Export CSV