Handmade Burger Company

Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Accommodation / Food
56 - Food and beverage service activities
56.1 - Restaurants and mobile food service activities
56.1 - Restaurants and mobile food service activities
283 jobs
Number of planned job losses
Job loss
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.

Sources

Citation

Eurofound (2020), Handmade Burger Company, Bankruptcy in United Kingdom, factsheet number 99814, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99814.