Aebl Realisations Limited (08366802): administration
- Status
- Administration ended
- Administration began
- 2024-05-20
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Formerly
- AXE Edge Bars Limited
- Incorporated
- 2013-01-18
- Location
- Manchester
- Industry
- 56302 Public houses and bars
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- COVID-19
From the administrators' statement
AEBL was incorporated in 2013 with the intention of creating a small portfolio of bars within which the Group could sell product on a retail basis. At the date of our appointment, the Company operated two tap rooms and a bottle shop in Buxton, Derbyshire, together with a bar in Macclesfield, Cheshire.
At the date of the Joint Administrators’ appointment, AEBL employed 29 members of staff.
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2024-06-07) · Companies House register