Kurobuta Chelsea Ltd (08792553): administration
- Status
- Administration ended
- Administration began
- 2017-04-21
- Administrators
- Peter Kubik
- Administrators' firm
- Kallis & Company
- Incorporated
- 2013-11-27
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
Due to the increasing creditor pressure and cash flow difficulties, the business was unable to continue trading. In addition, there were ongoing disputes between the directors which prevented board decisions from being made. The director, also a creditor, subsequently took action to place the Company into Administration.
Peter Kubik and Andrew Andronikou were appointed Joint Administrators of the Company on 21 April 2017 following a creditors application to Court by Mr Stafford.
The functions, duties and powers of the Joint Administrators can be carried out by either of them.
Administrators' statement of proposals (2017-06-21) · Companies House register