Hackett's Food and Drink Company Limited (07886485): administration
- Status
- Administration ended
- Administration began
- 2014-06-24
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2011-12-19
- Location
- Birmingham
- Industry
- 56101 Licenced restaurants
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated in 2011, with Mrs Helen Hackett serving as the sole director and shareholder The Company commenced to trade after Hackett's (Witney) Limited (‘HWL'), a company owned and controlled by the director's husband, was placed into liquidation on 20 February 2012
The Company commenced to trade as a coffee shop and licenced restaurant shortly after the liquidation of HWL, having been granted permission to trade the business of HWL by tts liquidator The Company subsequently purchased the business and assets of HWL in May 2012
Dunng the first year of trading, the Company struggled to obtain credit from its suppliers as a result of the liquidation of HWL Furthermore, the inefficiencies and excessive overheads which had caused the insolvency of HWL continued and, ultimately, led to a loss of approximately £95,000 being suffered for the period ended 31 December 2012
Administrators' statement of proposals (2014-07-31) · Companies House register