Simply Inns & Taverns Limited (07445893): administration
- Status
- Administration ended
- Administration began
- 2012-09-28
- Administrators
- Gordon Craig
- Administrators' firm
- Refresh Recovery
- Incorporated
- 2010-11-22
- Location
- Skelmersdale
- Industry
- 56302 Public houses and bars
Why it went into administration
- Management failings / irregularities
From the administrators' statement
important Note’ The information contained in this section has been provided by the Director of the Company and no venfication work has been undertaken by the Administrator.
The Company was incorporated on 22 November 2010 and commence trading in January 2011 to operate public houses on a short term basis on agreements such as ‘tenancies at will’ from pub companies The intention was that the business would hold public houses on behalf of pub companies on a temporary basis until the pub freehold was sold or between full term lessees David Whitlow was appointed as a sole Director and shareholder of the Company, who had experience of the industry and arranged for staff to manage the public houses on a self employed basis
Unfortunately the company took sites that were mainly etther closed or distressed and the turnover of the sites was not sufficient to cover the overheads of the business The company also suffered with the downturn tn trade, as people are deciding to purchase alcohol from supermarkets than visiting pubs, coupled with the smoking ban
Administrators' statement of proposals (2012-11-29) · Companies House register