Handmade Burger Co. has fallen into administration resulting in its 18 restaurants closing and 238 jobs lost.
The administrators revealed that despite “considerable efforts” to secure a sale of the company’s business, it has not been possible, and all 18 restaurants have closed with the loss of 283 jobs.
Joint administrator David Griffiths said: “The casual dining market in the UK has experienced significant challenges over the last four years, largely as a result of overcapacity in the sector, which has resulted in a significant number of insolvencies.
“Sales at Handmade Burger Co. restaurants have almost halved during this period, which has proved to be unsustainable. It is disappointing that circumstances have meant that a sale of the business has not been possible in this case, but our focus now should be on those employees affected by this difficult news.
He added: “We will work hard to provide them with all necessary assistance to claim for monies which remain due to them.”