Soul Food Enterprises Ltd (08784817): administration and why it failed

Soul Food Enterprises Ltd (08784817): administration

Status: Administration ended
Administration began: 2019-11-08
Administrators: Simon Jagger, Ben David Woodthorpe
Administrators' firm: ReSolve
Formerly: Stax Burgers Limited
Incorporated: 2013-11-21
Location: London
Industry: 56101 Licenced restaurants

Why it went into administration

Sustained trading losses
Property / lease costs
Cash flow / liquidity pressure
Weak consumer demand

From the administrators' statement

A summary of the group structure (together, the Group) is provided below. Each company is registered in England and Wales:

Soul Food Enterprises Ltd

CRN: 08784817 (SFE)

Administrators' statement of proposals (2019-11-23) · Companies House register

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Soul Food Enterprises Ltd (08784817): administration

Why it went into administration

From the administrators' statement

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Soul Food Enterprises Ltd (08784817)