Patisserie Holdings PLC (08963601): administration
- Status
- Administration ended
- Administration began
- 2019-01-22
- Administrators' firm
- KPMG
- Formerly
- Patisserie Holdings Limited; Oval (2274) Limited
- Incorporated
- 2014-03-27
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- HMRC / tax arrears
- Management failings / irregularities
- Creditor pressure / legal action
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Company was incorporated on 27 March 2014 and was the ultimate parent company of the Group. Its main assets included investments in subsidiaries and intercompany receivables.
The Company held the employee contracts on behalf of the Group. its registered office was located at the Group’s head office on Sarehole Road in Birmingham.
in October 2018, following the presentation of a petition presented by HMRC, to wind up Stonebeach Limited, it was discovered that material accounting misstatements had been made in the Group’s audited accounts.
Administrators' statement of proposals (2019-03-29) · Companies House register