East London Taverns Limited (11334352): administration
- Status
- Administration ended
- Administration began
- 2023-11-16
- Administrators
- Janet Burt, Sarah Megan Rayment
- Administrators' firm
- Kroll
- Formerly
- GUN Taverns Limited
- Incorporated
- 2018-04-27
- Location
- London
- Industry
- 56302 Public houses and bars
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
Under the terms of its facility, PCP served a notice of demand over KIRH and the Companies in their capacity as guarantors to the original loan to KIRH in November 2023.
Upon the requisite legal notice having expired, PCP appointed share receivers from Kroll Advisory (Ireland) Limited in respect of KIRH.
Immediately following the appointment of the share receivers, the boards of directors of all the Irish and English entities were amended via a series of board meetings, resulting in the Former Director being removed from office in the Companies, and replacing him with the Directors on 10 November 2023.
Administrators' statement of proposals (2024-01-09) · Companies House register