Pint Shop Ltd (08184454): administration
- Status
- Administration ended
- Administration began
- 2020-07-01
- Administrators
- Ian William Kings, Gerald Maurice Krasner
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2012-08-20
- Location
- Newcastle upon Tyne
- Industry
- 56101 Licenced restaurants
Why it went into administration
- COVID-19
From the administrators' statement
On 16 April 2020 Mr Krasner was approached by Richard Holmes (Mr Holmes), a director of the Company, the introduction was made by ETC Hospitality Ltd, the company accountants. Mr Holmes explained the problems that the Company was facing due to lockdown and asked for advice regarding either a Company Voluntary Arrangement (CVA) or Administration. After due consideration the directors decided to opt for an Administration. Further details are included in the SIP 16 Report at Appendix 4.
Administrators' statement of proposals (2020-07-15) · Companies House register