Dom's Coffee House Limited (09796616): administration
- Status
- Administration ended
- Administration began
- 2019-10-01
- Administrators' firm
- Leonard Curtis
- Formerly
- Cafe Chicago Ltd
- Incorporated
- 2015-09-27
- Location
- Bristol
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Property / lease costs
From the administrators' statement
The Company was incorporated on 27 September 2015 and began trading in 2016 trom leasehold premises at 23 - 25 St. Augustines Place, Bristol, BS1 4UL. The principal trading activity of the Company was that of a licenced restaurant.
The Company's premises lease is dated 28 March 2016 and is for a term of 15 years from 1 April 2016. The rent was £17.5k pa for an initia! period of 6 months, increasing to £35k pa thereafter. The company achieved a turnover of some £120k in its first full year of trading and some £160k in its second but these sales, and resultant gross, margins, were insufficient to meet accruing overheads as detailed within the accounts presented in Section 4 below.
Dom's Goffee House Limited - In Administration
Administrators' statement of proposals (2019-11-14) · Companies House register