Rileys Sports Bars (2014) Limited (09330794): administration
- Status
- Administration ended
- Administration began
- 2020-07-14
- Administrators
- Geoffrey Paul Rowley, Philip James Watkins
- Administrators' firm
- FRP Advisory
- Incorporated
- 2014-11-27
- Location
- London
- Industry
- 56301 Licenced clubs
Why it went into administration
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company’s business was founded in 1878 and is the UK’s largest operator of cue sports establishments. Its’ service offering includes snooker, poo! and darts, alongside showing the best large screen sports viewing in the best environment.
The business has built a reputable presence, known as the UK's leading chain of pool, darts and snooker bars. ‘ .
However, between 2008 and 2014, the business downsized through two changes in ownership and three insolvency processes. In 2014, the business was acquired out of administration by WCP. Since acquiring the Company, WCP have made significant
Administrators' statement of proposals (2020-09-21) · Companies House register