# Casa EL Pastor Limited (11122469)

> Why UK company 11122469 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11122469

- **Status:** Administration ended
- **Administration began:** 2024-09-11
- **Administrators:** Christopher Newell, Nicholas Simmonds
- **Administrators' firm:** Quantuma
- **Incorporated:** 2017-12-22
- **Location:** Watford
- **Industry:** 56101 Licenced restaurants

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

With the death of the major shareholder, the other shareholders were no longer willing to inject further capital into Casa El Pastor to cover off these debts.

By August / September 2024, it had become apparent ‘that the Company required funding above the level! available to it by its bank and neither the Company nor its investors were in a position to advance the necessary funding.

A review of the Company’s cash-flow revealed that there would be insufficient working capital available to allow the Company to continue to trade in the medium term in order for a purchaser to be found. There were no requests made to potential funders because it was considered necessary to initiate an insolvency process as soon as possible.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11122469/filing-history/MzQ0MTg5NjQ2MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11122469

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