The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.10 - Restaurants and mobile food service activities
283 jobs Number of planned job losses
Announcement Date
23 January 2020
Employment effect (start)
23 January 2020
Foreseen end date
Description
The Handmade Burger Company, a UK-based chain of burger restaurants, has entered administration and all its 18 outlets across England and Scotland have closed, making 283 employees redundant.
A representative of the joint administrators said that that the business was closed because it had become financially unsustainable as sales declined. According to him, there is an overcapacity in the UK casual dining sector, which has resulted in a high number of bankruptcies in the last years. He added that the administrators would help the affected employees to claim the payments they are entitled to.
Eurofound (2020), Handmade Burger Company, Bankruptcy in United Kingdom, factsheet number 99814, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99814.
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