Lamstar Ltd (08064112): administration
- Status
- Administration ended
- Administration began
- 2014-09-30
- Administrators
- Richard Jeffery Rones
- Administrators' firm
- Thornton Rones
- Incorporated
- 2012-05-10
- Location
- Loughton
- Industry
- 56102 Unlicenced restaurants and cafes
Why it went into administration
- Energy costs
- Competition / price pressure
- Weak consumer demand
- Rising costs / inflation
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Property / lease costs
From the administrators' statement
Lamstar Limited (“the Company”) was incorporated on 10 May 2012 by Mrs Nuzhat Shahin ("the director”) and began trading under the name of Creams Cafe shortly thereafter
The Company traded from the premises located at 19-21 Chertsey Road, Woking, Surrey
The initial start-up costs and working capital required in order to begin trading the Company was provided by the director on the understanding that these funds would be repaid as and when funds and profits allowed
Administrators' statement of proposals (2014-11-27) · Companies House register