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Thursday, 2 May 2013

Fat Cat Cafe Bars in administration

Fat Cat Cafe Bars, based in Derby, has gone into administration with administrators at Cooper Parry, being appointed as administrators.

The firm had 11 bars and pubs in the UK. The companies currently employ around 200 staff. Some bars are expected to trade on, but some redundancies will be inevitable, the administrators said.

Courtman, head of restructuring at Cooper Parry, said “The companies have been adversely affected by poor trading at a few of their outlets.

"The administration affords the companies the opportunity of restructuring its business whilst continuing to trade. We are keen to explore all options and shall continue to trade those operations for the foreseeable future.”

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