Pub group goes into liquidation

A PUB group which owned 18 pubs in Keighley, Bradford and Leeds has gone into liquidation.

Mark Wilson of RSM Restructuring Advisory was appointed liquidator of Victoria Road Pub Management Company on December 8.

The decision to appoint liquidators was made due to an inability to cover debts and the company entered into a Creditors Voluntary Liquidation on September 23 with Rushtons Insolvency as liquidators.

However prior to this date, on September 13, British Gas Trading had presented a petition to compulsorily wind up the company and the High Court issued the order on November 7, and Mr Wilson from RSM was subsequently appointed liquidator by the Secretary of State.

Mr Wilson said: “We are working with our professional advisors to review the current assets with a view to maximising realisations for creditors. We also understand that the pub premises had been returned to the landlords prior to our appointment.”
 

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