Talk to us today in confidence0800 970053907833 240747

Administration for company behind Londons' Richoux and Villagio

21 January 2021

Administration for company behind Londons' Richoux  and Villagio

The firm behind London’s century-old Richoux afternoon tea rooms and a list of commuter-belt restaurants, Dining Street, is to close all of its 15 sites. This brings a loss of around 150 jobs.

Today the company confirmed it fell into administration, following a ‘’hammer blow’’ faced from the latest lockdown measures. Directors were under great uncertainty of reopening whilst also facing a burden of ongoing costs.

Dining Street has two subsidiaries; Richoux, headed by Prezzo founder Jonathon Kaye and Newultra who is behind Villagio, Zintino, Friendly Phil’s and The Broadwick. Sites are in Mayfair, Piccadilly, Hammersmith – predominantly in London and the south of England.

Will Wright and Steve Absolom of KPMG have been appointed the administrators and are ‘’exploring options for a sale of the business and its assets’’.

Category: Administration, What is administration

You are currently offline. Some pages or content may fail to load.