JSR (HD) Ltd (13357952): administration
- Status
- In administration
- Administration began
- 2025-07-04
- Administrators
- Situl Devji Raithatha
- Administrators' firm
- Springfields Advisory
- Incorporated
- 2021-04-26
- Location
- Leicester
- Industry
- 56102 Unlicenced restaurants and cafes
Why it went into administration
- Property / lease costs
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from my
personal knowledge as Administrator. The Company was incorporated on 26 April 2021 to operate a Heavenly Desserts franchise with Heavenly Desserts Franchise Ltd (“the Franchisor’) from a single location in Milton Keynes.
The Company was able to obtain financial support from HSBC UK Bank Plc (“the Bank”) who were granted a fixed and floating charge debenture over the assets of the Company on 13 April 2022. The funds were used for the initial start up costs, including the renovation of the trading premises, which took significantly longer that what was initially anticipated. The Company commenced trading in April 2024.
Administrators' statement of proposals (2025-08-22) · Companies House register