The Hill Restaurant and Bar Limited (07488647): administration
- Status
- Administration ended
- Administration began
- 2013-12-23
- Administrators' firm
- Antony Berg of Williams and Partners
- Formerly
- The London Brasserie PUB Company Limited
- Incorporated
- 2011-01-11
- Location
- Stevenage
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
A letter was sent to creditors on 24 December 2013 advising of the appointment of the Joint Administrators, the sale of the business and details about this sale in accordance with Statement of Insolvency Practice 16 (‘SIP16’) If you require a copy of this letter please contact Tim Cray on tim cray@wildercoe co uk of this office and one will be provided free of charge
As stated in the above letter, the director, Mr Parker, approached this firm on 6 November 2013 with concerns about the Company’s ability to continue trading
Prior to approaching Wilder Coe LLP, the director had spoken to his potential investors, who were concerned about investing in the Company due to the outstanding tlability to HM Revenue & Customs The director had also approached the Company's bank, the Royal Bank of Scotland ple (“the Bank”) The Bank advised him to approach hts accountant who on review recommended he sought insolvency advice
Administrators' statement of proposals (2014-02-19) · Companies House register