Joint Administrators of the Sargeant Partnership Ltd and the Hand Made Burger Company can now confirm that the following nine (9) restaurants in the chain have been closed.
- Metro Centre, Gateshead
- Braehead Shopping Centre, Glasgow
- East Kilbride Leisure Hub, Glasgow
- Trinity Walk, Wakefield
- Intu Victoria Centre, Nottingham
- Grand Central, Birmingham
- Intu Eldon Square, Newcastle upon Tyne
- The Gate, Newcastle upon Tyne
- White Rose Shopping Centre, Leeds
Unfortunately, the closures resulted in 163 staff being made redundant out of a total workforce of almost 700.
The remaining 20 restaurants in the chain will continue to operate as normal under the control of the Joint Administrators. All parties are working towards a swift solution to safeguard as many jobs as possible in the remaining restaurants.
Joint Administrator Julien Irving said: “We are monitoring trade closely and looking to get a Company Voluntary Arrangement (CVA) in place which we consider to be the best outcome for all parties. If the proposal has the support of the creditors, then a CVA may allow the business to continue.”
“We are working hard to seek approval from the companies’ creditors to secure this. If, however, this is not possible, then as Joint Administrators we will seek a buyer for the business.
The Administration is being undertaken by the Birmingham office of Leonard Curtis Business Rescue & Recovery, 85-89 Colmore Row, Birmingham B3 2BB.
Leonard Curtis Business Rescue & Recovery is part of the Leonard Curtis Business Solutions Group (LCBSG).
For further media information, please contact Karen Winstanley or Sue Souter at Souter PR on 01625 839 319 or email firstname.lastname@example.org / email@example.com.
Back to updates