Good EGG Restaurants Limited (09212813): administration
- Status
- Administration ended
- Administration began
- 2019-10-25
- Administrators' firm
- Williams & Partners
- Incorporated
- 2014-09-10
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- HMRC / tax arrears
- Weak consumer demand
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Administrator.
The business initially started trading as a food stall in 2012, serving Tel-Aviv inspired Israeli dishes until the Company was incorporated on 10 September 2014.
The Company signed a lease for trading premises at 93 Stoke Newington, Church Street, London, N16 OAS in 2015 and then, following the increased brand awareness, were approached by Shaftesbury Plc to establish a second venue at Ground Floor Kingly Court, Kingly Street, Soho, London, E1B SPW. This lease was signed in December 2017 and between the two sites, the Company generated turnover of £2,072,378 and gross profit of £1,473,237 for the year ended 30 September 2018. A summary of the Company’s trading performance for the fast three years is shown below:-
Administrators' statement of proposals (2019-11-11) · Companies House register