# Newgate Restaurants Limited (07418791)

> Why UK company 07418791 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07418791

- **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

- COVID-19
- Brexit

## 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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07418791/filing-history/MzI3NjQ2OTk0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07418791

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.