Dynamic Pizza 3 Ltd (15091573): administration
- Status
- In administration
- Administration began
- 2026-06-26
- Administrators
- Situl Devji Raithatha
- Administrators' firm
- Springfields Advisory
- Incorporated
- 2023-08-23
- Location
- Leicester
- Industry
- 56103 Take-away food shops and mobile food stands
Why it went into administration
- Rising costs / inflation
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 Director of the Company and not from my personal knowledge,
as Administrator.
The Company was incorporated on 23 August 2023 and operated a Pizza Hut franchise in Leicester under the terms of a Franchise Agreement with Yum! Ill (UK) Limited (“the Franchisor’). The Director also operated a number of Pizza Hut franchises throughout England under separate limited companies, which employed approximately 100 employees. The performance of the sites failed to meet expectations despite significant investment and efforts. This was due to inflation, low sales, and high costs, which affected overall performance and profitability. To deal with these challenges, the Director focused on controlling costs and improving operational efficiency where possible. Despite these efforts, the Company’s cashflow position continued to deteriorate.
Administrators' statement of proposals (2026-08-29) · Companies House register