LJS Food Swindon Limited (13090977): administration
- Status
- Administration ended
- Administration began
- 2023-03-02
- Administrators
- Christopher Robert Pole, Timothy Bateson
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2020-12-18
- Location
- London
- Industry
- 56101 Licenced restaurants
Why it went into administration
- Weak consumer demand
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- COVID-19
- Supply chain disruption
From the administrators' statement
The Company was incorporated on 18 December 2020 and is a wholly owned subsidiary of the Parent Company. The Company holds the leases for the El Mexicana and Don Churros kiosks in the Swindon Designer Outlet.
There were 14 employees of the Company, which operated from the sites in Swindon. All employees transferred to the Purchaser under TUPE on 2 March 2023, following the sale of the Company’s trade and assets.
The Purchaser is a connected party which is 50% owned by John Coverley and 50% owned
Administrators' statement of proposals (2023-03-25) · Companies House register