Steve Absolom and Will Wright from Interpath Advisory were appointed joint administrators to Elflock Limited, Babel Silk Limited, Brocade Limited and De Gremio Limited on 12 July 2024.
Collectively, the Companies operate 13 pubs and bars across South and East London, including:
• The Antelope, SW17
• Balham Bowls Club, SW12
• Clapton Hart, E5
• East Dulwich Tavern, SE22
• Elephant and Castle, SE1
• Hagen & Hyde, SW12
• The Sun, SE5
• Gremio de Brixton, SW2
• Graveney & Meadow, SW17
• Dogstar, SW9
• Tooting Tram & Social, SW17
• Red Lion, E11
• Coopers, SE19
In addition, Babel Silk Limited owns a further three sites which are not currently operational.
A number of the sites had struggled with legacy liabilities resulting from the pandemic. Additionally, in recent weeks, winding up petitions had been lodged against both Elflock Limited and Brocade Limited.
Steve Absolom, managing director at Interpath Advisory and joint administrator, said: “This is an eclectic collection of well-known and popular pubs and bars located in prime sites across South London.
“The sites are expected to continue to trade as usual with the support of specialist trading agents at Licensed Solutions.”
Steve Absolom added: “We intend to bring these units to market in due course, representing a fantastic opportunity for investors and trade purchasers alike.”
