Begbies Traynor Group

Leeds‐based entertainment group placed into administration

bars_restaurants.jpg
Date Published: 10/10/2018

Award‐winning bar company Burning Night, which owns Bierkeller Entertainment Complexes around
the UK, was placed into the hands of joint administrators Andrew Mackenzie and Julian Pitts of
Begbies Traynor in Leeds on 28 September 2018.

With its head office in Leeds, Burning Night was established eight years ago and grew to comprise six
themed bars and restaurants.

The administration follows the closure of the company’s Cardiff venue at Millennium Stadium which
proved to be financially unviable and had a negative impact on the group’s costs.

However, the administrators stressed that the other five Bierkeller Entertainment Complexes in
Leeds, Liverpool, Manchester, Birmingham and Nottingham, all of which had experienced growth
over the last financial year, will continue to trade as usual, with further growth expected over the
next 12 months.

Employing more than 500 staff nationwide and with an annual revenue in excess of £25m in
2017/2018, Bierkellers make up a large part of the operational business of the Burning Night Group.

Joint administrator Andrew Mackenzie said: “It is important to stress that the companies which own
the Bierkeller leases are not in administration and we are working closely with management and
lenders to continue to trade these prime assets to their full. We are currently seeking a buyer for
the venues in order to bring about the best outcome for the company’s creditors, staff and
customers.”

Andrew Mackenzie and Julian Pitts have also today (9 October 2018) been appointed as joint
administrators of Cornertrack Limited, a wholly owned subsidiary of Burning Night, which supplied
beer to the venues.

About The Author

Meet the Team

Andrew is a qualified Insolvency Practitioner, a fellow of the Association of Chartered Certified Accountants and has a degree in Accountancy and Finance. He has a broad range of experience in corporate rescue and recovery, restructuring, personal insolvency, business investigations, review work and funding solutions.

Having previously worked for PwC, Baker Tilly and BDO Stoy Hayward, Andrew joined the Leeds office of Begbies Traynor in January 2006. He opened a Hull office for the firm on 1 May 2008 and has more recently opened our offices in Scunthorpe and Grimsby.

Contact Begbies Traynor Group

Have you been in contact previously
Key Contact

You're in Safe Hands

  • 35+ Years Experience
  • 100+ UK Offices
  • 70+ Group Partners
  • £100m Funding Completed

News Archive