# Peyton and Byrne Bakeries Limited (10380298)

> Why UK company 10380298 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10380298

- **Status:** Administration ended
- **Administration began:** 2018-10-16
- **Administrators:** Alex David Cadwallader, Neil A Bennett
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2016-09-16
- **Location:** London
- **Industry:** 56290 Other food services

## Why it went into administration

- Property / lease costs
- Creditor pressure / legal action

## From the administrators' statement

The Company commenced trading in late 2016 after it acquired the assets from the Administration of Peyton & Byrne Limited (“PBL”) on 17 October 2016. PBL operated nine restaurants, five bakeries, an events business and a central bakery. PBL was a connected party as Ms Siobhan Peyton was a director and shareholder of PBL.

The Company acquired the brand rights, bakeries and the central bakery from the Administration. Sodexo Limited (“Sodexo”) acquired the nine restaurants and the events business.

The purchase of the business and assets from the Administration, as well as initial trading, was financed through a business loan from Aurora Finance of £100,000 which was personally guaranteed by Ms Siobhan Peyton, as well as a loan from Ms Caitriona Peyton of £50,000.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10380298/filing-history/MzIyMDQ0NTc2NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10380298

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