Company behind Sheffield’s Gatsby and Picture House Social liquidates owing £700,000 but both venues to remain open

  • 📰 The Yorkshire Post
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

A company behind two of Sheffield’s most well-known bars has gone into liquidation owing over £400,000 to HMRC – but both venues are set to continue trading.

Bar Public Limited, which runs Gatsby, on Division Street and Picture House Social, on Abbeydale Road, appointed liquidators on October 5. According a document posted to Companies House on the same day, the business owed a total of £783,948 to various parties, including £452,179 to HMRC. The company's liquidator, however, told The Yorkshire Post that they understand both bars remain open and will continue to trade through new businesses, run by the same directors.

The companies owed a combined total of £208,043 to HMRC at the time of appointing liquidators in 2020. Later documents posted to Companies House stated that no dividends would be available to unsecured creditors for either company, which included HMRC in both cases. Both companies shared the directors James Paul O’Hara and James Nicholas Hill, who are also joint directors of Bar Public Limited.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 39. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pinball FX maker Zen Studios latest Embracer company reportedly hit by layoffsVictoria developed a deep love for video games watching her brothers barrel their way through Goldeneye 007. She will unashamedly spout forth all sorts of niche Zelda lore to anyone who will listen (and even at times to those who won't), and makes the best pancakes you have ever seen.
Source: eurogamer - 🏆 68. / 61 Read more »

Leeds United rivals Millwall part company with boss Gary RowettCatch up on the latest Leeds United headlines as the international break finally draws to a close and Daniel Farke and company can step up preparations to face Norwich City
Source: leedslivenews - 🏆 118. / 51 Read more »

Musical Theatre company announces Oliver!Get Your Wigle On have announced their next exciting show: A full scale production of the newly updated musical masterpiece OLIVER!
Source: shropshirelive - 🏆 55. / 63 Read more »

Water company to give one-off £50 payment to thousands of UK householdsA water company is set to give its customers a one-off payment of £50 towards bills ahead of a predicted price hike
Source: nottslive - 🏆 96. / 52 Read more »

Company collapse means £30m Swindon road cannot be usedThe firm that built the road in Swindon went into administration before safety checks could be made.
Source: bbcemt - 🏆 120. / 51 Read more »

Hastings Pier not for sale despite company liquidationLocal charity The Friends of Hastings Pier claims it can fundraise enough to buy the structure.
Source: bbcemt - 🏆 120. / 51 Read more »