# Liberty Bar and Restaurant Group Limited (15189942)

> Why UK company 15189942 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/15189942

- **Status:** In administration
- **Administration began:** 2026-01-13
- **Administrators:** William James Wright, Ryan Kevin Grant
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Breal Capital (105) Limited
- **Incorporated:** 2023-10-05
- **Location:** Birmingham
- **Industry:** 56101 Licenced restaurants

## Why it went into administration

- Funding withdrawn / unable to refinance
- Weak consumer demand
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 5 October 2023. On 7 October 2024, the Company acquired the business and assets of 51 ‘TG! Fridays’ American-style casual dining restaurants. These restaurants were based in leasehold premises across England, Scotland and Wales and were acquired from the Administrators of Thursdays, via a pre-packaged ~ sale.

Following the 7 October 2024 acquisition, the Company was owned by the Parent. The Parent was owned jointly by Calveton, Breal, Julie McEwan and Matthew Bibby. At the date of the October 2024 acquisition, the sole shareholder of Calveton and Breal was Tota.

The Company used the ‘TGI Fridays’ brand under a franchise agreement with TGI Fridays Franchisor LLC, managed by Sugarloaf TGIF Management LLC, a wholly owned subsidiary of Sugarloaf.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/15189942/filing-history/MzUwNjMzMDE4MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/15189942

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.