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Majestic Bingo Limited (08726904): administration

Status
In administration
Administration began
2023-07-07
Administrators
Christopher Robert Pole, Timothy Bateson
Administrators' firm
Interpath Advisory
Incorporated
2013-10-10
Location
Nottingham
Industry
92000 Gambling and betting activities

Why it went into administration

From the administrators' statement

The Company was incorporated in 2013 and is an independent operator of retail bingo, which at the Company’s peak in 2016, operated 16 bingo clubs across England and Wales. At the time of the Joint Administrators’ appointment, the Company was only operating eight bingo clubs, all of which trade from freehold properties.

The Company is a connected company to Majestic Bingo Online Limited, which is the legal entity which operates the online operations operating under the Majestic Bingo brand. For the avoidance of doubt, creditors should note that this entity remains outside of any formal insolvency process.

2.2 ‘Funding and financial position of the Company

Administrators' statement of proposals (2023-08-31) · Companies House register

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Majestic Bingo Limited (08726904)

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