Restaurant Owner
A husband-and-wife team running an independent restaurant had sustained significant losses through the pandemic period. Despite survival grants, the combination of deferred rent, HMRC Time to Pay arrears, and supplier debt made recovery impossible.
Location
South Yorkshire
Debts
£112,000
Creditors
Post-Pandemic Debt & Lease Arrears
Duration
10 Weeks
Stock Images Used
We’d fought so hard to keep the restaurant going through lockdowns.
In the end the lease arrears and the debt we’d built up just couldn’t be overcome.
I felt like I’d failed — personally, not just in business. Business Guardian never once made me feel that way.
They were kind, they were human. They reminded me I’d done everything I could.
The liquidation itself was handled so discreetly — my staff, my regulars, nobody needed to see me fall apart.
We came out the other side with our dignity intact.
Outcome
CVL completed sensitively. Lease obligations terminated. Couple now pursuing a new venture.
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