Misschu London Limited (08613140): administration
- Status
- Administration ended
- Administration began
- 2015-01-08
- Administrators
- Jeffrey Mark Brenner
- Administrators' firm
- B&C Associates
- Incorporated
- 2013-07-17
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Property / lease costs
- Competition / price pressure
From the administrators' statement
21 The Company was setup by Mr David Birch and was incorporated on 17 July 2013 in the name of Misschu London Limited and commenced trading m November 2013 The Business trades under the name “Misschu ” The Company’s principal trading activity 1s a Restaurant specialismg in Vietnamese Cuisine
22 The business traded under the terms of a hcense agreement with Miss Chu (AUST) Pty Ltd (“MCPL”) MCPL operates several modern day Vietnamese “hawker-style” takeaway and catering outlets throughout Australia under the name, trademark and concept of “Misschu ’ Misschu was founded by Miss Nahj: Chu in 2007 as a catering business in Sydney, Australia After the great success of these restaurants. Misschu Restaurants and Tuckshops were opened in various locations throughout Sydney and Melbourne
23 The Company traded from 91 Whitechapel High Street, London, El 7ZRA The Company occupied the premises under the term of 8 5 year lease, with 5 year break clause The rent is £45.600 per annum and the rates are approximately £15,000 per annum The Landlords are Jack Zilkha, Lynne Zilkha and Caroline Spooner The Director has advised that at the cessation of trading sum of £3,800 were outstanding to the Landlords and delinquent every month for six months, plus unquantified dilapidations clam The landlords hold a rent deposit of £23,000 as part of the Rent Deposit Deed agreement
Administrators' statement of proposals (2015-03-04) · Companies House register