There are many reasons why directors don’t act when they are worried about something. Here are a few possibilities:
Overall, delaying action or not taking advice is a common coping mechanism for dealing with worry and stress. However, it often makes the problem worse in the long run, as the task or issue continues to loom and causes more stress and anxiety. It’s important to recognize the reasons behind the business problems and work to address them in order to move forward and tackle the issue at hand.
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Written ByRobert Moore
Marketing Manager
Rob has over two decades of experience in web and general marketing. He has extensive knowledge of the Insolvency sector and has helped many worried directors with their questions.
Rob is now working with the Board at RMT to develop strategic marketing programmes to support the business plan and drive more company rescues.
Spaghetti House Enters Administration With All Restaurants Closed
Spaghetti House, one of London’s longest-running family-owned Italian restaurant chains, has entered administration, bringing 70 years of trading to an end.Lavval Restaurants Limited, which traded as Spaghetti House, was placed into administration on 6 May 2026. Asher Miller and Stephen Katz of BTG Begbies Traynor were appointed as joint administrators. The administration notice lists the business as licensed restaurants trading under the Spaghetti House name.All remaining restaurants have now closed with immediate effect. The closures include sites at Marble Arch, Carnaby Street, Oxford Street, Kensington High Street and Cranbourn Street. The original Goodge Street restaurant, where the business began in 1955, had already closed last year.A statement on the Spaghetti House website said: “We’re sorry all our restaurants are now closed.We would like to express our deepest gratitude to our loyal customers, partners and team members, past and present, for your support over the years.From our family to yours, Grazie.” The business was founded by Simone Lavarini and Lorenzo Fraquelli in 1955, with the first restaurant opening on Goodge Street in Fitzrovia. Over the decades, Spaghetti House became a familiar part of London’s casual dining scene, operating multiple restaurants across the capital.Luigi Lavarini, executive chairman and chief executive of Lavval Restaurants Limited, said the decision had been taken “with a heavy heart” after years of difficult trading conditions. He cited rising costs linked to the pandemic, Brexit, government budgets and wider global instability as factors affecting the hospitality sector.BTG Begbies Traynor said the company had been affected by challenging market conditions, including rising operational, employment, energy and tax costs. The administrators will now oversee the wind down of the company, realise assets, assist former employees with claims and report to creditors in line with their statutory duties.The closure is another example of the pressure facing hospitality businesses, particularly those operating from city-centre sites with high rents, wage costs, energy bills and reduced consumer spending. Even well-established brands with long trading histories can become vulnerable where customer numbers fail to recover sufficiently and fixed costs continue to rise.For Spaghetti House, the administration has resulted in the immediate closure of all restaurants, ending a business that had been part of London’s restaurant landscape for seven decades.
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