PG Taverns (Scotland) Ltd. (SC479651): administration
- Status
- Administration ended
- Administration began
- 2019-05-03
- Administrators
- Kelly Burton
- Administrators' firm
- Menzies of William Duncan Business Recovery
- Incorporated
- 2014-06-10
- Location
- Kilmacolm
- Industry
- 56302 Public houses and bars
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Weak consumer demand
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
- Over-expansion / investment not recovered
- Management failings / irregularities
- Weather / natural events
From the administrators' statement
The information provided in this section is based upon Company records, information provided by the Company and the explanations of its director. The key personnel involved in the provision of information was the Company’s director and its accounts department. The Joint Administrators cannot, therefore, be held personaily liable for any errors or misstatement of fact contained therein.
The Company was incorporated on 10 June 2014, under the name PG Taverns (Scotland) Ltd and registration number $C479651 and was the leasehold tenant of a number of public houses throughout Edinburgh and the Lothians.
Upon incorporation Mr Gordon Gilhooley and Mr lain David Pert were appointed directors of the Company. Mr Gordon Gilhooley and Mr lain David Pert were also the shareholders of the Company, with each director holding 50% of the Company’s issued share capital of 200 ordinary shares of £1 each. Mr Gilhooley subsequently resigned his position as a director of the Company on 11 September 2017 according to records at Companies House, subsequently transferring his shareholding to lain Pert.
Administrators' statement of proposals (2019-07-22) · Companies House register