Laurel Canyon Ventures Limited (08086284): administration
- Status
- Administration ended
- Administration began
- 2020-07-28
- Administrators
- Henry Lan, Asher Miller
- Administrators' firm
- Williams & Partners
- Formerly
- Chooks (UK) Limited
- Incorporated
- 2012-05-28
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- COVID-19
- Property / lease costs
- Creditor pressure / legal action
- Sustained trading losses
- Brexit
From the administrators' statement
3.1 The Company was incorporated on 28 May 2012 by its founding and managing director, Gideon Joffe (‘GJ’), an experienced and successful London based restauranteur. GJ’s late - father, Russel Joffe, a renowned and respected industry figure with a track record stretching |
_ back many decades, acted as Chairman of the organisation. The Company was formed to act as the umbrella operating entity for a group of restaurants across North London trading under various casual dining brands created by GJ, at the time. including Monkeynuts, Chootz and — Chez Bob. The consolidation was the result of a funding drive which secured substantial investment into the new entity from a group of private investors.
3.2 After initially trading from three locations upon commencement in 2012, the Company utilised the investment funds to expand its operations over the years, with restaurants operated at six sites at its height. Since 2018, the Company has traded from five sites across North London under -three separate brands, Bob’s Café, Monkeynuts and Chez Bob. All of the restaurants were geared to cater to a broad demographic of diners, and attracted a mixed clientele of all ages. -
Administrators' statement of proposals (2020-10-09) · Companies House register