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‘It seems like there is one rule for individual taxpayers and another for large companies’ – Watford Observer

A popular restaurant chain that closed down without warning owes the council more than £200,000, the Observer can exclusively reveal.

Jimmys World Kitchen in High Street was part of a chain and outlets of that chain have racked up at least £639,000 in outstanding business rates across the country over the last three years.

In Watford, five separate groups were set up to run the restaurant. Each was later declared insolvent, owing a combined total of £244,011.73 in business rates to Watford Borough Council.

READ MORE: Jimmy’s World Kitchen mysteriously closes without explanation.

An administrator used to settle each of the companys affairs has since been declared bankrupt.

Speaking on behalf of the …

Read the full article at: http://www.watfordobserver.co.uk/news/14730869._It_seems_like_there_is_one_rule_for_individual_taxpayers_and_another_for_large_companies_/?commentSort=score

Category: BankruptcyBy Insolvency GuardianSeptember 8, 2016

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‘It seems like there is one rule for individual taxpayers and another for large companies’ – Watford Observer

A popular restaurant chain that closed down without warning owes the council more than £200,000, the Observer can exclusively reveal.

Jimmys World Kitchen in High Street was part of a chain and outlets of that chain have racked up at least £639,000 in outstanding business rates across the country over the last three years.

In Watford, five separate groups were set up to run the restaurant. Each was later declared insolvent, owing a combined total of £244,011.73 in business rates to Watford Borough Council.

READ MORE: Jimmy’s World Kitchen mysteriously closes without explanation.

An administrator used to settle each of the companys affairs has since been declared bankrupt.

Speaking on behalf of the …

Read the full article at: http://www.watfordobserver.co.uk/news/14730869._It_seems_like_there_is_one_rule_for_individual_taxpayers_and_another_for_large_companies_/

Category: BankruptcyBy Insolvency GuardianSeptember 8, 2016

Post navigation

PreviousPrevious post:Ashok Leyland turns volatile after announcing restructuring pact with Nissan Motor – Business StandardNextNext post:Debt charity gets record cries for help – Morning Star Online

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REVEALED: Liquidator appointments for businesses in the Brisbane council area for September 15 – The Courier Mail
September 15, 2026
REVEALED: Liquidator appointments for businesses in the Mornington Peninsula council area for September 14 – Herald Sun
September 15, 2026
No Cookies | Daily Telegraph
September 15, 2026
No Cookies | Daily Telegraph
September 15, 2026
Company fails to prove insolvency, losing $7m claim against Tax Commissioner
September 15, 2026
IBBI Cancels 207 Insolvency Professional Registrations in Major Clean-Up
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