Sania Limited (08388989): administration
- Status
- Administration ended
- Administration began
- 2023-05-18
- Administrators
- Sarah Cook, Situl Devji Raithatha
- Administrators' firm
- FRP Advisory
- Incorporated
- 2013-02-05
- Location
- Leicester
- Industry
- 56103 Take-away food shops and mobile food stands
Why it went into administration
- COVID-19
- Weak consumer demand
- Rising costs / inflation
- Sustained trading losses
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided to us by the Director of the Company and not from our personal knowledge as Joint Administrators.
The Company was incorporated on 5 February 2013 to operate Pizza Hut franchises under Franchise Agreements with Yum! III (UK) Limited (“the Franchisor’). The Director also operated a number of other fast-food businesses, which includes other Pizza Hut franchises.
The Company began with a single store but was able to expand significantly with the financial support of the Bank. The Company operated nine Pizza Hut franchises in England and employed approximately one hundred members of staff. The Company’s head office was in Milton Keynes, which until recently was owned by the Company.
Administrators' statement of proposals (2023-07-21) · Companies House register