Restaurant chain’s creditors expected to lose £14.6m
The businesses controlling restaurant chain Handmade Burger Co are expected to leave behind debts of £14.6m once adminstrators have completed their work with the collapsed companies.
Two related businesses - The Sargeant Partnership and Hand Made Burger Company - were forced to appoint administrators from Leonard Curtis in July.
The businesses were sold to The Burger Chain for £1.46m, an unrelated business that was set up as a vehicle to buy the assets. The deal saved 530 jobs at 20 restaurants.
The administrators said: "At... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
