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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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October 31, 2026
REVEALED: Liquidator appointments for businesses in the Maribyrnong council area for October 30 – Herald Sun
October 31, 2026
Anwar: Government will not go bankrupt helping the poor – The Malaysian Reserve
October 31, 2026
Govt will not go bankrupt helping the poor, says Anwar
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IBBI Amends CIRP Regulations To Provide For Project-Wise Resolution Of Real Estate Companies
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