Confidential Advice Line: 0800 063 9221

Gastro-pub Group placed into administration


Gastro-pub Group placed into administration

Powder Train LLP, a partnership which holds 5 freehold pubs across the south of England, was placed into administration on 6 February 2013, after several years of difficult trading conditions.

Administrators Julie Palmer, Simon Campbell and Gavin Savage from Begbies Traynor are trading the business forward with a view to maximising value for creditors.

The five pubs are the Anchor Hotel in Warminster, Wiltshire and the George Inn, in Longbridge Deverill, nr Warminster; The Chilli Pad (formerly the Jolly Miller) in North Warnborough, Hampshire; The Chequers Inn in Maresfield, East Sussex and The Handsome Pig (formerly the Kings Arms) in Fernhurst, West Sussex.

Powder Train LLP has been trading since 2006 and employed approximately 100 staff.

Administrator, Julie Palmer, said: “The 5 pubs present a diverse offering geographically and to the market-place. However, the trading businesses appear to be viable in their own right and we expect strong interest in all 5 units over the next few months”.

All enquiries should be made to Julie Palmer or Simon Campbell at Begbies Traynor on 01722 435190.


About the author

Julie Palmer

Regional Managing Partner

Meet our Team of Experts

Julie is a law graduate who qualified with Price Waterhouse in 1994. Julie joined Smith & Williamson in 1997 and became a partner in 2001. With Mike Stevenson, Julie set up Middleton Partners offices in Salisbury and Southampton, both of which are now part of Begbies Traynor.

Julie is a member of the Insolvency Practitioners Association and the None Administrative Receivers Association and is a Fellow of The Association of Business Recovery Professionals. Julie deals with all aspects of Corporate Recovery and turnaround work and takes all form of personal insolvency appointments.

45 Regional UK Offices

Find your local Begbies Traynor office and speak to an adviser today.

Find your Local Office
0800 063 9221

Call our Confidential Advice Line. Calls to this number are free of charge.

Call us now...
Request a Meeting

We invite you to come and discuss your enquiry with us at your convenience.

Request a meeting...
0800 464 0871

Call our Confidential Advice Line. Calls to this number are free of charge.

Call us now...
Request a Meeting

We invite you to come and discuss your enquiry with us at your convenience.

Request a meeting...
0161 837 1700

Call our Confidential Advice Line. Calls to this number are free of charge.

Call us now...
Request a Meeting

We invite you to come and discuss your enquiry with us at your convenience.

Request a meeting...
Businesses Remain Resilient in the face of Brexit
Financial distress falls 6% following referendum
ONS data: 'Brexit has had no major effect on the UK economy thus far'
Read More →
 
Open Banking to Reshape the Alternative Finance Sector
CMA mandates the adoption of Open Banking by early 2018
Will see alternative lenders competing on a level playing field with dominant banks
Read more →
 
Join thousands of professionals by signing up for our updates
Analysis and Opinion from our Partners
Top Industry News
Register Now →
 

Advice you can trust

We are accredited by the following industry leading organisations

Insolvency Practitioners Association Institute of Chartered Accountants in England and Wales R3: Association of Business Recovery Professionals ICAEW Business Advice Service Turnaround Management Association ACCA (the Association of Chartered Certified Accountants) ICAS | The Institute of Chartered Accountants of Scotland

Contact the Begbies Traynor team

or Find your Nearest Office
Processing...