From the administrators' statement

The Company was purchased from Rileys in 2011 for £43,000, with an assignment of the lease, which has 18 years left to run However, since its incorporation in 2011, the Company has failed to submit any tax returns in respect of VAT and PAYE/NIC and, as such, HM Revenue & Customs have recently notified the Company of their intention to petition for its winding up

Additionally, the Company has not filed any annual accounts at Compamies House, nor is there any reliable management accounting information The Company did not use accounting software to keep accounting records and, as such, the only information available is the sales

Jomt Administrators’ Report and Proposais

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QS Entertainment Ltd (07859059)

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