# Roberto Costa (Exmouth) Ltd (09596873)

> Why UK company 09596873 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09596873

- **Status:** Administration ended
- **Administration began:** 2024-05-23
- **Administrators:** Nicholas Parsk, Carrie James
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2015-05-19
- **Location:** Slough
- **Industry:** 56101 Licenced restaurants

## Why it went into administration

- COVID-19
- Rising costs / inflation
- Cash flow / liquidity pressure
- Property / lease costs
- Rising interest rates

## From the administrators' statement

The director advised that the Company had become insolvent due to a combination of the following factors:

• Debt taken on as a result of the Covid-19 pandemic.

• Recent economic factors such as rising costs of energy, wages and interest rates.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09596873/filing-history/MzQyODMwMDUzMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09596873

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.