Rita's Bar and Dining Limited (08157880): administration and why it failed

Rita's Bar and Dining Limited (08157880): administration

Status: Administration ended
Administration began: 2015-12-04
Administrators: Michael Kiely, Andrew Andronikou
Administrators' firm: Quantuma
Incorporated: 2012-07-26
Location: London
Industry: 56101 Licenced restaurants

Why it went into administration

Property / lease costs
Sustained trading losses

From the administrators' statement

Start up

The Company was incorporated by the current directors, Gabriel Pryce (‘GP’), Dean Joannides (‘DJ’), Mehrunisa Malik-Flynn (‘MMF’) and Jackson Boxer (‘JB’) on 26 July

All directors felt strongly that there was a gap in the emerging restaurant market for this type of venue/service providing a globally inspired menu with an easy gong vibe and in particular within the East London locality where the trading location was to be based

Administrators' statement of proposals (2016-01-28) · Companies House register

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