- Insolvency Insider UK
- Posts
- Elflock Limited, Babel Silk Limited, Brocade Limited and De Gremio Limited - Administration
Elflock Limited, Babel Silk Limited, Brocade Limited and De Gremio Limited - Administration
Elflock Limited, Babel Silk Limited, Brocade Limited and De Gremio Limited, a London-based hospitality group known as The Antic Hospitality Group which collectively operates 13 pubs, bars and restaurants in London, entered administration on 12 July.
The Group’s portfolio includes Gremio de Brixton, Balham Bowls Club, the East Dulwich Tavern, Tooting Tram and Social and The Sun.
Steve Absolom and Will Wright of Interpath Advisory were appointed joint administrators, and said a number of sites had struggled with legacy liabilities left over from the pandemic.
The sites are expected to continue to trade as usual with the support of specialist trading agents at Licensed Solutions and will be brought to market shortly.
Various TC Loans entities have registered charges against the companies, while West One Loan has a charge against Babel Silk.