The Burger Chain Limited (10876690): administration
- Status
- Administration ended
- Administration began
- 2020-01-23
- Administrators
- Conrad Alan Beighton, David Craig Griffiths
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2017-07-20
- Location
- Birmingham
- Industry
- 56102 Unlicenced restaurants and cafes
Why it went into administration
- Creditor pressure / legal action
- Energy costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 20 July 2017 and commenced trading on 25 July 2017, immediately upon its acquisition of the business and assets of Handmade Burger Company LLP (“HMBC”) and The Sargeant Partnership Limited (“TSPL”), both traded as “Handmade Burger Co.”. Both HMBC and TSPL were in administration at the time of the sale, and the Company was incorporated specifically to acquire the business and assets of Handmade Burger Co. from the two entities.
It should be noted that Conrad Beighton, Paul Masters and Julien Irving of Leonard Curtis Recovery Limited were appointed as Joint Administrators of HMBC and TSPL on 6 July 2017. The Joint Administrators do not believe that this constitutes a material professional relationship which would prevent their acceptance of this appointment, or that their independence is in any way compromised.
In accordance with the sale agreement dated 25 July 2017, the Company acquired the following assets from the administration of HMBC and TSPL:
Administrators' statement of proposals (2020-03-02) · Companies House register