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Lava Mayfair Club Limited (10075472): administration

Status
Administration ended
Administration began
2020-10-22
Administrators
Simon James Bonney, Christopher Newell
Administrators' firm
Quantuma
Incorporated
2016-03-21
Location
Maidenhead
Industry
56101 Licenced restaurants

From the administrators' statement

3.1 As there was concern over the viability of a CVA proposal the directors entered into negotiation with the Bank with a view to purchasing the debt. These negotiations were unsuccessful. During this period the Bank on served a Formal Demand on the Company and LML on 16 October 2020.

3.2 As the demand for repayment had not been satisfied the Bank subsequently filed the necessary documentation to appoint Chris Newell and Simon Bonney as Joint Administrators of the Company on 22 October.

3.3 Attached at Appendix Ill is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.

Administrators' statement of proposals (2020-12-14) · Companies House register

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Lava Mayfair Club Limited (10075472)

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