Fat Cat goes into administration
Fat Cat Café Bars Limited
Fat Cat Restaurants Limited
Both in Administration
Tyrone Courtman and Nicholas Edwards of business advisory firm, Cooper Parry have been appointed Joint Administrators of the above companies today the 23 April 2013.
The companies, whose head office is in Derby, operates a chain of 11 high quality Bars and gastropubs across the country. These include outlets in Leicester Nottingham Derby and Stoke, as well as the Bow Wharf Pub and Dining Room in London.
The companies currently employ around 200 staff, and whilst a number of the bars are expected to trade on, sadly some redundancies will be inevitable.
Tyrone Courtman, Head of Restructuring at Cooper Parry, said “The companies have been adversely affected by poor trading at a few of their outlets. The Administration affords the companies the opportunity of restructuring its business whilst continuing to trade. We are keen to explore all options and shall continue to trade those operations for the foreseeable future. We believe that those bars continuing are successful performers and we already have significant interest in them continuing as a going concern. I would urge anyone who has any interest in the businesses as a whole or in part to contact me as soon as possible”.
Any party interested in receiving further information should contact the Joint Administrator’s office on (0116) 2629922 or email at email@example.com