A handful of catering equipment suppliers are among a list of creditors set to lose money from restaurant chain Meatcure’s application for voluntary liquidation.
Documents published this week revealed that BRI Business Recovery and Insolvency, based in Northampton, was officially appointed as liquidator of the company on 29 November following a voluntary winding-up order.
The Midlands-based burger group closed four of its five sites back in October, leaving only its original Market Harborough site still trading. That branch is understood to be operating independently and is not part of the liquidation.
A Statement of Affairs for Meatcure was lodged with Companies House this week and shows that it had debts of £304,000. The company owes money to 32 separate creditors, with more than half of the debt sitting with HMRC.
A number of catering providers are also financially impacted by its demise. Coolstream Ventilation is owed £11,806, Nisbets is owed £2,742 and Select Catering Solutions is owed £629.
The statement shows that the estimated total assets available for preferential creditors stand at just £12,000.
Meatcure reportedly took to Facebook yesterday to thank customers for their support and highlight the continuation of business at its Market Harborough site.
“Meatcure remains but we’ve parted with the old business and gone back to doing things our way, the way you want them We’re not flash, we don’t cut corners but we do listen and we’ll make your Meatcure epic again.”
The co-owners of the business added that the difficulties that the business had faced this year had “broken us both, tested our family and friends and burdened our teams” but expressed their thanks to those who had stood by them.