Parity Bars (Prestwich) Limited (08802422): administration
- Status
- Administration ended
- Administration began
- 2015-10-14
- Administrators
- Joanne Wright, Kelly Burton
- Administrators' firm
- Wilson Field
- Formerly
- Varsity Bars (Prestwich) Limited
- Incorporated
- 2013-12-04
- Location
- Sheffield
- Industry
- 56302 Public houses and bars
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
From the administrators' statement
The information provided in this section is based upon the Company's limited records and information available to the Joint Administrators — the accuracy of which the Joint Administrators are unable to vouch for The Joint Administrators cannot therefore be held personally liable for errors or misstatement of fact contained therein
The Company ts part of a group of companies ("the Group”) and was incorporated on 4 December 2013 Creditors should note that from incorporation until 29 January 2014, the Company was named Varsity Bars (Prestwich) Limited, however it traded as ‘The Orange Tree’ from the commencement of trade The Company's principal activity and that of the other companies compnsing the Group was the operation of public houses at various locations throughout the United Kingdom
The Company traded from leased premises at The Radius Scheme, Fairfax Road, Prestwich, M25 1AS (‘the Radius") The Radius was occupied by the Company by way of a 25 year lease ("the Lease”) with the landlord, CP Real Estate Limited
Administrators' statement of proposals (2015-12-22) · Companies House register