Crab Tavern Trading Ltd (09271778): administration
- Status
- Administration ended
- Administration began
- 2017-12-27
- Administrators
- Ben David Woodthorpe, Simon Harris
- Administrators' firm
- ReSolve
- Incorporated
- 2014-10-20
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Companies were both incorporated in October 2014.
In April 2015, CTL was granted the leasehold property interest at 7 Broadgate Circle, London (the Property) to act as the property holding company for a restaurant and bar operating under the trading style “Crab Tavern". CTT operated as the “Crab Tavern” trading entity.
Following the granting of the lease, CTL made leasehold improvements which were funded by the Companies’ sole shareholder, Igor Krayushkin. The Companies subsequently commenced trading in June 2015, Mr Krayushkin also advanced funds by way of a shareholder loan to meet the rent deposit sum required by the landlord in accordance with the terms of the lease.
Administrators' statement of proposals (2018-02-27) · Companies House register