T Bello UK Ltd (12171817): administration
- Status
- Administration ended
- Administration began
- 2024-06-26
- Administrators
- Kirstie Jane Provan, Anthony John Wright, Robert Ferne, Gary Paul Shankland
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2019-08-23
- Location
- London
- Industry
- 56101 Licenced restaurants
From the administrators' statement
The information below and contained elsewhere in this document has been prepared from the knowledge obtained by us and our staff, together with information contained within the Companies’ accounts, at Companies House and from staff working at the Companies.
The Companies form part of a group of companies known as the T Bello Group (“the Group”) which comprises various companies that operated 51 franchised quick service restaurants (“QSR”) under the Taco Bell brand via international franchise agreements (“IFA”) with Taco Bell UK and Europe Limited (owned by YUM!) (“Taco Bell” / *the Franchisor”). The Companies’ restaurants were typically located in high-volume and popular areas throughout London and across the South of England.
We refer you to our SIP 16 statement, attached at Appendix 5, which sets out, to the best of our knowledge and belief, the details of the Companies’ trading history, including the reasons for the Companies’ eventual entry into Administration (as a result of their being insolvent) and the simultaneous sale of certain of the business and assets of the Companies to the Purchaser (which occurred following an accelerated mergers and acquisitions (“AMA”) process undertaken in the lead up to the Administrations by BTGA and Begbies).
Administrators' statement of proposals (2024-07-18) · Companies House register