BB UK Operations Limited (07979579): administration
- Status
- Administration ended
- Administration began
- 2015-09-03
- Administrators' firm
- Insolve Plus
- Incorporated
- 2012-03-07
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
- Creditor pressure / legal action
- Rising costs / inflation
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 7 March 2012 and immediately commenced trading in August 2012 as Buddha-Bar London a bar and restaurant based in Knightsbridge
The Buddha Bar brand started life in Paris in 1996, the creation of entrepreneur Raymond Visan_ {ts bestselling music mix compilations by a French Dj ensured the success of the club, bar, brand and more importantly, its expansion which has spanned over 16 global locations.
In August 2008 Buddha Bar Limited (“BBL”) commenced trading as Buddha-Bar London on Victoria Embankment The company entered into Administration on 17 May 2012 and David Hudson and Matthew Haw of Baker Tilly Restructuring were appointed as Joint Administrators The company was dissolved at Companies House on 22 August 2013. It should be noted that BBL was an entirely separate trading entity to BB UK and there is no connection between the two companies other than the use of the trading name
Administrators' statement of proposals (2015-11-10) · Companies House register