Gremio De London Limited (10166100): administration
- Status
- Administration ended
- Administration began
- 2024-07-12
- Administrators
- Stephen John Absolom, William James Wright
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2016-05-06
- Location
- London
- Industry
- 56302 Public houses and bars
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
In the weeks leading up to the administration, winding-up petitions had been issued by HMRC against Elflock and Brocade (other entities owned by Anthony Thomas and guarantors of the Company’s secured debts), amounting to approximately £1.4 million across the two companies. The petition against Elflock was lodged on 4 June 2024, and the petition against Brocade was lodged on 21 May 2024.
As a result of the significant creditor pressure, the qualifying floating charge holder took steps to preserve their position and accordingly, Stephen John Absolom and William James Wright were appointed Joint Administrators on 12 July 2024.
At the time of our appointment, we disclosed to the Court details of the work carried out by Interpath up to that time.
Administrators' statement of proposals (2024-09-04) · Companies House register