# IT Restaurant Limited (11160538)

> Why UK company 11160538 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11160538

- **Status:** Administration ended
- **Administration began:** 2023-09-29
- **Administrators:** Alex David Cadwallader, Neil A Bennett
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2018-01-22
- **Location:** London
- **Industry:** 56101 Licenced restaurants

## Why it went into administration

- HMRC / tax arrears
- COVID-19
- Cash flow / liquidity pressure
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 22 January 2018 and commenced to trade in November 2019 after having spent time undertaking a full refurbishment of the Company’s trading premises.

The Company latterly traded from leasehold premises at 28-29 Dover Street, London W1S 4LX and the Company held associated leases in respect of the Premises, made up as follows:

The Ground Floor — which is held on a 15-year lease, expiring on 10 June 2033. The current rent is £730,000 per annum.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11160538/filing-history/MzM5NzA0NzIyN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11160538

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