Owner of restaurants goes into administration with 33 staff made redundant

The restuarants Pie & Ale and Bakerie in Manchester’s Northern Quarter have ceased trading with the loss of 33 jobs.

RWBLeisure Ltd, which operated the outlets on Lever Street, has gone into administration.

Rob Adamson and Mark Ronson of insolvency practitioner Armstrong Watson were appointed as joint administrators.

Adamson said: “ Immediately prior to our appointment, but in conjunction with ourselves, the directors made the difficult decision that the company should cease trading due to its ongoing financial obligations.

“Regrettably this has resulted in the redundancy of all 33 employees.

“My staff met with the employees to advise them of the position. An employment specialist also attended the company’s premises to assist staff in preparing their claims to the Redundancy Payments Service.

“It is early in the administration process to comment on any likely payment to creditors which will depend on the realisable value of the company assets and the extent of its liabilities.

“The assets, consisting of both fully furnished leasehold premises, are to be marketed for sale by Sanderson Weatherall LLP.”