Written ByRobert Moore
Marketing Manager
Rob has over a decade of experience in web and general marketing. He has extensive knowledge of the Insolvency sector and has helped many worried directors with their questions.
Rob is now working with the Board at KSA Group Ltd to develop strategic marketing programmes to support the business plan and drive more company rescues.
Iberica, the upmarket chain of Tapas bars, has filed an intention to appoint administrators. This should give them a breathing space of 10 days whilst a rescue plan is formulated. According to Sky News RSM Tenon are the expected administrators.
Iberica have 4 restaurants in London and 1 in Leeds.
Iberica is the latest in a line of businesses that have struggled recently such as TGI Fridays and Pizza Hut.
Hospitality businesses are bracing themselves for higher costs next year with the minimum wage and increases in employers national insurance payments.
Brydg Capital are holding the floating charge and so will have either filed or approved the notice of intention to appoint administrators
What Does Going Into Administration Mean?
What Does Going Into Administration Mean?
Making Employees Redundant
Making Employees Redundant
Employee Rights in Administration – Guide for worried employees
Employee Rights in Administration – Guide for worried employees