Liquidators have been appointed to a company managing the Seven Stars pub in Kingsbridge, Devon (Image: Getty)
Liquidators have been appointed to a pub management company despite a £161,000 revamp by the owner of the watering hole’s building. The Seven Stars in the town of Kingsbridge, Devon, reopened in July 2021 after the “characterful” pub was transformed by Punch Pubs & Co.
But liquidators from insolvency services firm Robson Scott Associates have been appointed for Seven Star Holdings Ltd, the management company which runs the venue. A report prepared for the company’s creditors identified increased staff costs, higher energy bills and a fall in customers amid the cost of living crisis as the main reasons for the failure of the…